Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,350,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
This development property has an area of 1.92 Acres with a 1957 Built 4172 sf Single Family Dwelling. The structure is in great condition and can provide decent holding income. Please Request Info Package for floor plan. This property can be purchased along with 3375 Trans Canada Highway to form a land Assembly of approx. 3.1 Acres, providing a substantial development opportunity with a combined highway frontage of 272ft. Recent rezoning of similar properties nearby, and proposed Land Use changes to the current CVRD OCP bode well for the future commercial development potential of this site. Average daily traffic count as per 10 year summary concluding in 2022 was 24,136 vehicles per day. Current RR3A Zoning allows for a Home-based Business. A FIRE ON SAT. APRIL 29TH 2023 HAS DESTROYED THE HOUSE AT 3375 TCH THAT PROPERTY IS NOW BEING SOLD ON AN “AS IS, WHERE IS BASIS”. PLEASE SEE BROCHURE (id:39198)
Location
Province
British Columbia
City
Cobble Hill
Address
3367 Trans Canada Hwy
Postal Code
V0R1L7
Location Highlights
N/A
Listed by
Royal LePage Coast Capital - Chatterton British Columbia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$1,350,000
Asking Price
$1,350,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
