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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,399,900
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
An exceptional property part of the Upper Twelfth Street Commercial corridor, primed for medium-density development. This strategically located parcel offers an ideal canvas for investors and developers. Conveniently situated near 3 skytrain stations and parks, this property promises a balanced urban lifestyle. Zoning allows for Daycare, vet clinics and much much more. Great holding property. Can be converted to have two suites. The property has lane Access as well. Double exposed with R2862924. (id:39198)
Location
Province
British Columbia
City
New Westminster
Address
1205 Seventh Avenue
Postal Code
V3M2J8
Location Highlights
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Listed by
RE/MAX All Points 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
1,729
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
$1,399,900
Asking Price
$1,399,900
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)
1,729
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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