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Industrial Property For Sale at 706 CLARK DRIVE in Vancouver, British Columbia

4 Sale ID #56547
Updated 28 Apr 2024

Asking Price

$2,999,968

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

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Building Size

N/A

Premise Summary

Amazing Redevelopment Potential for this I-2 Zoned property. To be verified but there can be an achievable FSR up to 4.0 and 36.5m in height. Call now for more information or viewing! Call now for more information or viewing! (id:39198)

  • MLS® : #C8044507
  • Date Listed : 27 May 2022

Location

Province

British Columbia

City

Vancouver

Address

706 Clark Drive

Postal Code

V5L3J1

Location Highlights

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Listed by

RE/MAX Select Properties British Columbia listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

10

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

$2,999,968

Asking Price

$2,999,968

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.

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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)

N/A

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

N/A

Premises Size (square feet)

10

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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