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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,600,000
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
Location, Location, Location! A rare opportunity to own a prestigious oceanfront property on world renowned Chesterman Beach. This southern exposure .67-acre treed lot is perfectly situated to build an unbelievably fabulous dream home to enjoy the phenomenal sunrises and sunsets, views of Frank Island, and the ever-changing tidal beach and Pacific Ocean. Chesterman Beach Road and neighbouring Lynn Road are home to Tofino’s most spectacular and iconic properties. Current Zoning allows construction of a secondary suite with either long or short-term rental accommodation. Embrace the natural elements that surround this extraordinary property. Surfing, paddleboarding, kayaking, and the beach are steps from your door. 100' waterfront x 260' deep. Connect with your Realtor for further details. All measurements are approximate and must be verified if important. (id:39198)
Location
Province
British Columbia
City
Tofino
Address
1333 Chesterman Beach Rd
Postal Code
V0R2Z0
Location Highlights
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Listed by
RE/MAX Mid-Island Realty (Tfno) 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
$3,600,000
Asking Price
$3,600,000
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
N/A
Market Competition
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