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Industrial Property For Sale at 114 13880 WIRELESS WAY in Richmond, British Columbia

New
4 Sale ID #223647
Updated 29 Apr 2024

Asking Price

$1,499,900

Cap Rate help 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

Lot Size

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Building Size

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Premise Summary

Welcome to TROVE Located at Westminster Hwy and Knight St, close to HWY 99, HW91, airport, Vancouver. IB1 zoning allows potential for a range of different general industrial usage from offices, warehouse, restaurants and more! This ground-floor unit boasts unparalleled visibility with double-glazed floor-to-ceiling windows, a versatile mezzanine, AC, 10' wide automated glass grade loading (double) door and more. Gas, sanitary, and water rough-ins already- just bring your business idea! Ample parking onsite and securely gated at night. Complex includes an exclusive clubhouse for private events! Call now to book a viewing! (id:39198)

  • MLS® : #C8059019
  • Date Listed : 09 Apr 2024

Location

Province

British Columbia

City

Richmond

Address

114 13880 Wireless Way

Postal Code

V6V0A3

Location Highlights

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Listed by

Oakwyn Realty Ltd. British Columbia listing

Category

industrial-properties

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

2,349

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$1,499,900

Asking Price

$1,499,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,349

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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