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Industrial Property For Sale at 497 3RD AVENUE in Prince George, British Columbia

4 Sale ID #214962
Updated 03 May 2024

Asking Price

$579,900

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

Well-kept and updated retail /office/ warehouse Zoned M1 providing numerous uses and flexibility for future occupants! Multiple private offices, open bullpen office areas, lots of storage, and decent sized 22x20 warehouse space with 18 ' ceiling, and a 12' bay door. Staff kitchens on both floors, with the added option of a top floor 1 bedroom suite. * PREC - Personal Real Estate Corporation (id:39198)

  • MLS® : #C8058400
  • Date Listed : 15 Mar 2024

Location

Province

British Columbia

City

Prince George

Address

497 3rd Avenue

Postal Code

V2L3C1

Location Highlights

N/A

Listed by

RE/MAX Core Realty 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

2,680

Year Built

N/A

Years Remaining in Current Lease Term

N/A

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

$579,900

Asking Price

$579,900

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)

2,680

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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