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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,000
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
No zoning! Out of the ALR! Live & Work from Home? 3 bedroom, 2 bath home with a FULL partly finished basement, on just under 3 acres of land. And a store building with warehouse for your business ideas. Store building is a 1320 sqft building with an attached 1100 sqft warehouse. The back potion of the property is in fenced pasture w/ a horse shelter and water. Easy access off Hwy 33 in Westbridge. Lots of young fruit trees on the land including apples, pears, plum, cheery and peach. Property is fully fenced. There is a nice double car garage, plus a single garage for your toys. House has a covered and screen enclosed porch for evenings or hot summer days. New propane furnace, and bathroom/laundry. Store and warehouse only a couple of years old. The store building could become a shop, restaurant, or even a second house if someone wanted. Owners ran a successful Pet / Feed Store and have retired. House is rented 24 hr notice required. (id:39198)
Location
Province
British Columbia
City
Rock Creek
Address
2720 Hwy 33
Postal Code
V0H1Y0
Location Highlights
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Listed by
Royal LePage Desert Oasis Rlty 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
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
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
$799,000
Asking Price
$799,000
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)
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
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