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Land For Sale at 11980 256 STREET in Maple Ridge, British Columbia

New
4 Sale ID #223655
Updated 03 May 2024

Asking Price

$2,180,000

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

Lot Size

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Building Size

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Premise Summary

Great opportunity to own commercial land or build your own commercial building on CS-1 zoning in "Webster's Corners" Urban Area. Located on corner of Dewdney Trunk Rd and 256 Street in Maple Ridge. Currently final processing of getting the development permit for 4,834sqft of 2-storey building for a private school business on hold due to the seller's situation change. Available building information such as building plan by architect, Geotech report, setback assessment, septic plans, environmental review and concept plans. Call/Touch base for more information. (id:39198)

  • MLS® : #C8059014
  • Date Listed : 08 Apr 2024

Location

Province

British Columbia

City

Maple Ridge

Address

11980 256 Street

Postal Code

V4R1B4

Location Highlights

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Listed by

Sutton Group - 1st West Realty British Columbia listing

Category

land

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

$2,180,000

Asking Price

$2,180,000

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

N/A

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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