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Industrial Property For Sale at 164 APEX DRIVE in Logan Lake, British Columbia

4 Sale ID #146540
Updated 04 May 2024

Asking Price

$750,000

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

Incredible opportunity to start your own business in Logan Lake! This 5.041 acre property is centrally located between Merritt, Kamloops and Ashcroft. Easy highway access from the property. Property contains a 3000 sq.ft. fully insulated shop with a 14'H x 18'w bay door, a 1000 sq.ft. mezzanine and an additional 480 sq.ft. office upstairs!!! Property has 3 phase power and is zoned M1. (id:39198)

  • MLS® : #174346
  • Date Listed : 10 Aug 2023

Location

Province

British Columbia

City

Logan Lake

Address

164 Apex Drive

Postal Code

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Location Highlights

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Listed by

EXP REALTY 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

$750,000

Asking Price

$750,000

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

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Market Competition

N/A


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