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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$795,000
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
1.799 acre property formerly a public works yard. Property is level and fenced and has a main shop with two garage doors for heavy equipment and an office area. There are also two quonset buildings for storage. The property is currently zoned Institutional which permits use as a public works yard. This property is surrounded by strata developments and adjacent to Shuswap Lake Provincial Park and Shuswap Lake. Bring your ideas and rezone this property for your own use. This property is in the Columbia Shuswap Regional District and shows as Neighbourhood Residential on the Official Community Plan. All information and measurements in this listing are thought to be accurate but need to be verified by the buyer or the buyer's agent if deemed important. (id:39198)
Location
Province
British Columbia
City
Scotch Creek
Address
4063 Express Point Crescent
Postal Code
V0E1M5
Location Highlights
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Listed by
Century 21 Excellence Realty 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
$795,000
Asking Price
$795,000
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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