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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$750,000
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
Attention investors or first time buyers! Great opportunity to get into the real estate market or looking for a rental investment property. This property has C4 commercial zoning. Opportunity to build 2 levels with a shop, retail, restaurants below and have living accommodations above. Check with the city to confirm zoning bylaw. Generate an income with home rental while you wait to develop. Property has an existing 1282sqft rancher with 4bdrm, 2bath and a detached garage. Call today for more information! (id:39198)
Location
Province
British Columbia
City
Abbotsford
Address
34587 2 Avenue
Postal Code
V2S8B7
Location Highlights
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Listed by
eXp Realty (Branch) 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
$750,000
Asking Price
$750,000
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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