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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,000
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
1130 Vancouver Avenue- 2 lots being sold together for a total of 13,800 square feet. Brechin Hill is primarily zoned R1 with corner lots being subject to additional building scheme potential. Take full advantage of the proximity to downtown Nanaimo with Departure Bay ferry terminal approximately 1km away along Stewart Avenue. Located on a no through road, the gentle sloping lots offers marina views and even greater potential views towards Departure Bay. This property is being offered in conjunction with #957623(1140 Vancouver Avenue). Buyers to satisfy themselves with current zoning and potential multi unit development. (id:39198)
Location
Province
British Columbia
City
Nanaimo
Address
1130 Vancouver Ave
Postal Code
V9S4H2
Location Highlights
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Listed by
Engel & Volkers Vancouver Island 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
$549,000
Asking Price
$549,000
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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