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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,000
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
This is the best development parcel available in Prince Rupert! Offering breathtaking views of Prince Rupert Harbour. This fully serviced residential lot with a site area of 6,577 square feet. Based upon the RM2 (Multiple Family Residential) zoning designation, this lot can support up to a maximum of 4 dwelling units, with any of the following building descriptions: A single-family residential dwelling with a minimum of one, and a maximum of 3 additional dwelling units (eg: legal suites); A duplex with a maximum of two additional dwelling units; A 3-plex; A 4-plex. Could be purchased with 2356 Graham Ave to give you a total of 0.39 acres. Good Geo-technical report on file. Also on Residential see MLS# R2844371. * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Prince Rupert
Address
2348 Graham Avenue
Postal Code
V8J1C8
Location Highlights
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Listed by
Royal LePage Aspire 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
$349,000
Asking Price
$349,000
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)
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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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