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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$12,980,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
An opportunity to acquire a meticulously maintained mixed-use strata complex in Vancouver's esteemed Point Grey enclave, boasting promising redevelopment potential. This distinguished property comprises a four-story structure featuring three ground-level commercial retail units, complemented by 15 residential condominiums, serviced by an elevator, adorned with a serene courtyard, and offering secure underground parking. Strategically situated in a thriving, family-centric community replete with essential amenities, including proximity to UBC, Timble Park, and the idyllic Spanish Banks Beach, the location is unrivaled. Within each impeccably crafted suite, discerning features such as wood flooring, inviting fireplaces, and private balconies features view of the North Shore mountains. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
4416 W 10th Avenue
Postal Code
V6R2H9
Location Highlights
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Listed by
RE/MAX Real Estate Services British Columbia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
14,050
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$12,980,000
Asking Price
$12,980,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
14,050
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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