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Industrial Property For Sale at 2 5700 CROOKED CREEK ROAD in Valemount, British Columbia

4 Sale ID #141429
Updated 28 Apr 2024

Asking Price

$95,000

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

Are you an airplane enthusiast looking for a place for your plane to call home? This one-plane hangar might fit the bill. The structure has a 28'x35' interior, 13' ceiling and 10' door height, and provides year round access to a secured 4000' runway, AvGas and Jet-A1fuel, ARCAL lighting and instrument approach, along with terminal access with washroom/shower facilities and a break room. Fully insulated with a level and smooth concrete floor, the building is heated with a 4800W electric garage heater with a programmable timer. Two 1.5 cm hoarding tarps provide additional door insulation in the winter. The building is equipped with a 240V outlet, 6 indoor 120v outlets and 1 outside 120v outlet. Sitting on leased land with the municipality, the building benefits from year-round ground maintenance and snow clearing for the airport. If you are ready to fly to this destination, this hangar is ready for you. Buyer will need to secure or assume the land lease with the municipality in order to purchase. (id:39198)

  • MLS® : #C8052706
  • Date Listed : 04 Jul 2023

Location

Province

British Columbia

City

Valemount

Address

2 5700 Crooked Creek Road

Postal Code

V0E2Z0

Location Highlights

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Listed by

RE/MAX Core 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

2,000

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

$95,000

Asking Price

$95,000

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.

N/A

Premises Size (square feet)

2,000

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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