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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,100,000
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
Mixed-Use building 234-336 E Hastings St. Vancouver, BC, well kept 2-storey on 25xl22 lot.Excellent revenue generated property!Features a ground level in building with 2985SF a large retail space, upgraded with permit a full commercial kitchen{vent/grease trap holding tank} ,storage , washroom w/disabilities access,AND plus TWO separate Residential units on the upper 2nd floor.2Bedroom & lBedroom suites have separate access to the building.Both units upgraded with double glazed plastic windows & in-suit washer machines.lBR large unit has an open concept layout and a huge sundeck that is partially covered.Each unit in the building has its own hydro meters & own hot water tanks in the mechanical room.2 parking stalls in the attached garage, and an additional 2 parking stalls in gated backyard with laneway access. The Building features good visibility and frontage along East Hastings St. with easy access to the downtown core. Immediate access to the bus stop. All sizes are approx.DEOD zoning.Don't miss! (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
334 336 E Hastings Street
Postal Code
V6A1P4
Location Highlights
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Listed by
Team 3000 Realty Ltd. 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
$2,100,000
Asking Price
$2,100,000
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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