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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$289,000
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
INCOME PRODUCER! This building produces over $3,700 per month and is only priced at $289,000. If you're looking at a commercial building that comes with tenants, doesn't require ample capital and instantly gives you ROI, look here! This building is conveniently located right along ALASKA AVENUE and just steps away from the downtown of Dawson Creek. This corner lot offers great visibility for your business. The main level is currently leased to a fitness centre but offers 2 large overhead doors with shop space, 2 washrooms (one with shower), 2 furnaces, reception, office and a lobby area. The upstairs is currently being used as 2 apartment units with a shared onsite laundry facility. Call today for more information. (id:39198)
Location
Province
British Columbia
City
Dawson Creek
Address
1041 Alaska Avenue
Postal Code
V1G1Y7
Location Highlights
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Listed by
RE/MAX Dawson Creek Realty 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
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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
$289,000
Asking Price
$289,000
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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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)
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Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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