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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,200,000
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
Are you looking for a project in a desirable neighbourhood, but can't seem to find the right one and you don't want to wait for the cumbersome permitting process? Perhaps you're looking to build something for you and your family? 4424 Sophia might be the one for you - a rare opportunity to purchase a vacant building lot with approved plans and an active building permit, steps from John Street, East of Main. Larger than standard 34' x 132' lot provides an exceptionally bright East/West exposure. Designed as 1,594 SQ.FT. 3 bedroom homes with basements. Private east-facing rear yards with no lane for additional privacy. Call for more info. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
4424 Sophia Street
Postal Code
V5V3V9
Location Highlights
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Listed by
Macdonald Platinum Marketing 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
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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
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
$2,200,000
Asking Price
$2,200,000
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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