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Land For Sale at 4620 E 52 AVENUE in Fort Nelson, British Columbia

4 Sale ID #195827
Updated 29 Apr 2024

Asking Price

$325,000

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

Development Opportunity to complete phases 3 through 7 of the hugely-popular midtown condos! Paramount location! Very close proximity to grocery stores, primary schools service ages birth to gr 4, medical clinic and community garden providing a 10 out of 10 walk-score! Phases 1 and 2 have been completed and consist of 10 impeccable, individually owned units. Some underground services are present. Plans and blueprints are available for the remaining 34 units. Take this opportunity to complete this cozy, family-friendly neighbourhood. (id:39198)

  • MLS® : #C8056785
  • Date Listed : 16 Jan 2024

Location

Province

British Columbia

City

Fort Nelson

Address

4620 E 52 Avenue

Postal Code

V0C1R0

Location Highlights

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Listed by

Royal LePage Fort Nelson Realty 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

$325,000

Asking Price

$325,000

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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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