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Land For Sale at 35775 LOUGHEED HIGHWAY in Mission, British Columbia

4 Sale ID #162960
Updated 03 May 2024

Asking Price

$990,000

Cap Rate help 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

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Building Size

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Premise Summary

WATERFRONT property on Hatzic Lake. Access right off Lougheed Highway. Zoned A80 - General Agriculture and Residential. Approximately 1,200 ft. of water frontage as well as 516 ft. of road frontage. Level and partially cleared. Great fishing spot! Canoeing, watersports, etc. Great investment. Additional 3.39 acre usable land as a bonus included in this property line (Check with the City of Mission). (id:39198)

  • MLS® : #R2818562
  • Date Listed : 22 Sep 2023

Location

Province

British Columbia

City

Mission

Address

35775 Lougheed Highway

Postal Code

V2V4J1

Location Highlights

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Listed by

Pacific Evergreen Realty Ltd. British Columbia listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$990,000

Asking Price

$990,000

Cap Rate help 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 help 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 help 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 help 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

N/A

Market Competition

N/A


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