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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$458,000
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
Excellent opportunity to own a prime 3.23 acre commercial property with highway exposure in Princeton. This property is zoned CT (Commercial Tourist), which allows for a wide range of commercial uses such as retail, campground, restaurant, hotel, and more. Located in a high traffic area, this property boasts excellent visibility and accessibility, making it an ideal location for businesses looking to maximize their exposure. One of the last larger Hwy frontages in town making it an excellent investment opportunity for those looking to develop or expand their commercial portfolio. (id:39198)
Location
Province
British Columbia
City
Princeton
Address
308 Hwy 3 Highway
Postal Code
V0X1W0
Location Highlights
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Listed by
Century 21 Horizon West 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
$458,000
Asking Price
$458,000
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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