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Industrial Property For Sale at 510 / 520 Beaver Lake Road in Kelowna, British Columbia

4 Sale ID #120693
Updated 03 May 2024

Asking Price

$1,125,000

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

Industrial Zoned (I-3) Property consists of a 1952 built (approx) 2 storey updated Residence with a Vacant Lot. This area is in a transition area to Industrial / Commercial. Located near major transportation routes, including highways and airport which makes it easier to transport goods and materials. Ideal Business location, with many possibilities or Home Business. Property borders the municipality of Lake Country a growing community, and the demand for Industrial space is increasing. Combine it with Property next door 530 Beaver Lake Rd for .50 acre lot. Subject Property is 120 feet frontage by 100 fet deep (.28 acres). On Municipal Water plus a Well on the Vacant Lot._ (id:39198)

  • MLS® : #10268209
  • Date Listed : 31 Jan 2023

Location

Province

British Columbia

City

Kelowna

Address

510 / 520 Beaver Lake Road

Postal Code

V4V1S6

Location Highlights

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Listed by

RE/MAX Kelowna 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

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 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

$1,125,000

Asking Price

$1,125,000

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.

N/A

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.

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Premises Size (square feet)

0

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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