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Land For Sale at 4103 Balsam Way in Malakwa, British Columbia

4 Sale ID #167977
Updated 28 Apr 2024

Asking Price

$1,700,000

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.

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Lot Size

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Building Size

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Premise Summary

AMAZING DEVELOPMENT OPPORTUNITY! This property, located in the town of Malakwa, BC, is very unique because it is one of the very few parcels of its size that remain out of the ALR. It has large quantities of some of the best and purist water in Canada and currently has 6 wells strategically located on the property. Use it all yourself or complete the subdividing into separate residential lots. It also could be well suited as an RV park as well, due to its location along the Trans-Canada Highway in the heart of the Shuswap tourist area. Currently zoned RM1 to accommodate medium density for Multiple-Dwellings. Property has three accesses into the property to choose from. Revelstoke is only 30 minutes away and Sicamous just 10 minutes. This area is very popular to the snow mobile enthusiasts as the area gets ample snow each winter and boasts many trails up the mountains. Property is GST applicable. (id:39198)

  • MLS® : #10273668
  • Date Listed : 10 May 2023

Location

Province

British Columbia

City

Malakwa

Address

4103 Balsam Way

Postal Code

V0E2J0

Location Highlights

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Listed by

Century 21 Executives 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

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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

$1,700,000

Asking Price

$1,700,000

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

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Market Competition

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