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Suite of tools & services
Benefits
Asking Price
$1,680,000
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
Large 12,314 sq ft industrial building on 3.55 acres located 20-minute North of Powell River and a few minutes walk to the Okeover Government Wharf. It has a gated paved driveway and a large parking lot. The building is suitable for wide range of uses including production and manufacturing, mini storage, boat storage or a combination of your choice. The surrounding area has a current need for both mini and boat storage with Lund being close by. The steel building is configured into two separate warehouses that could be opened into one space as the interior is wood framed. There is a large office, lunch area and multiple rooms on 2 levels. The power supply is 400 amp single phase & 100 amp three phase. Water is provided from a drilled well that is 250 ft deep producing 15 gpm. Land acquisition and replacement cost of the building would most likely far exceed the asking price. Call to book you appointment to view today! (id:39198)
Location
Province
British Columbia
City
Powell River
Address
9845 Malaspina Road
Postal Code
V8A0G3
Location Highlights
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Listed by
Landquest Realty Corporation 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
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
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
$1,680,000
Asking Price
$1,680,000
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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