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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,000
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
"Invest in your future with this amazing opportunity! This fantastic lot is located in a high-traffic area on Columbia Ave, just across from Canadian Tire. With a current zoning of R-1 Residential and a block designated for C-1 in the OCP, this property offers endless potential for development. Neighboring properties have already been rezoned, so you'll be in good company. Imagine the possibilities - from an office, clinic or retail store, to a fast-food joint or multi-family dwelling. The front border of this level lot is on the bustling main street of Castlegar, and it also boasts great highway exposure. Don't wait to bring your ideas to life - seize this opportunity today!" Water, sewer and other service available at the end of First street. (id:39198)
Location
Province
British Columbia
City
Castlegar
Address
2029 Columbia Avenue
Postal Code
V1N2W9
Location Highlights
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Listed by
Fair 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
$249,000
Asking Price
$249,000
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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