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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$450,000
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
PRICED BELOW ASSESSED VALUE.....are you looking for an acreage with a great lakeview and deeded access to the lake? Look no further.... This 20 acre piece in the prime North Broadview area of Salmon Arm spans both sides of Canoe Beach Drive, with the lower section running along the railway tracks and the city access road with direct access to the lake, which allows for a buoy and dock. The upper portion will allow you to build your home with outstanding lake and mountain views, ONSITE Engineering completed a development permit assessment report which is on file, it will allow potential Buyers the knowledge of knowing the property can be safely developed for a single family dwelling. Close to the Canoe Public Beach, Captains Cove Marina and only 10 minutes to town makes this an ideal location. Property lines are approximate, No survey on File. NOTE: Property can NOT be subdivided, and you can not build on the water. Single family dwelling only on the South side of Canoe Beach Drive. (id:39198)
Location
Province
British Columbia
City
Salmon Arm
Address
2750 Canoe Beach Drive
Postal Code
V0E1K0
Location Highlights
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Listed by
RE/MAX Shuswap 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
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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
$450,000
Asking Price
$450,000
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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