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Industrial Property For Sale at 4451 GREIG AVENUE in Terrace, British Columbia

4 Sale ID #219650
Updated 29 Apr 2024

Asking Price

$299,900

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

Lot Size

N/A

Building Size

N/A

Premise Summary

2 storey retail/commercial building with offices and open area upstairs and lower floor is open space to use as you might need. Plenty of staff parking at rear of the building and street parking for customers. You will not find a better deal on M1 light industrial that allows many options for use. Seller is motivated and quick possession is possible. (id:39198)

  • MLS® : #C8055834
  • Date Listed : 21 Nov 2023

Location

Province

British Columbia

City

Terrace

Address

4451 Greig Avenue

Postal Code

V8G1M4

Location Highlights

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Listed by

RE/MAX Coast Mountains British Columbia listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,100

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$299,900

Asking Price

$299,900

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,100

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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