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Industrial Property For Sale at 1403 ROPER PLACE in Kamloops, British Columbia

4 Sale ID #173718
Updated 29 Apr 2024

Asking Price

$2,999,900

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.

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Lot Size

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Building Size

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Premise Summary

Great opportunity to own an industrial building with 5900 Sq ft of space that includes 3 bays, office and residential living area. Situated on a 22643 Sq Ft lot just 10 mins from Downtown Kamloops, this property has many features to enhance or start your business. Features include 2 - 25' x 50' bays (each with their own bathroom), 1 - 17' x 40' bay, all with 20' ceilings. There is a 2 storey office with 2 bathrooms, and a 3rd residential floor with 2 bedrooms, 1 bathroom, kitchen, dining and living room area. Est completion/Occupancy is July 2024. Option to lease as a whole or per unit. (id:39198)

  • MLS® : #175480
  • Date Listed : 23 Oct 2023

Location

Province

British Columbia

City

Kamloops

Address

1403 Roper Place

Postal Code

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Location Highlights

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Listed by

ROYAL LEPAGE WESTWIN RLTY. 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

0

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

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Financial Information

Yearly Rate

$2,999,900

Asking Price

$2,999,900

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.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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