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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$334,900
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
Side A rented for $1250 start your small service business here! Also suitable for office space...with great basement storage. Excellent exposure on Mackenzie. Well kept commercial building with many updates, new roof 2021, new furnace on the one side 2019, new flooring on the one side 2022, new bathroom 2022, fenced yard one side and upgraded pavement new paint outside 2019. Side B has a fenced yard and 2 shop doors. Service Commercial CS-1 zoning. Located in the industrial area of the city on Mackenzie before Comer Street. GST may be applicable. Excellent rental. Side A has a full basement, rented for $1250/mo. Side B currently rented for $1150/mo. Seller would consider a trade. Excellent condition. (id:39198)
Location
Province
British Columbia
City
Williams Lake
Address
395 N Mackenzie Avenue
Postal Code
V2G1N4
Location Highlights
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Listed by
eXp Realty (100 Mile) 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
2,116
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
$334,900
Asking Price
$334,900
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)
2,116
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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