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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,980,000
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
5 contiguous lots (each 61x138.5 ft) spanning from the corner of W39th with a premier of 42,242.5. This development site would allow a developer the opportunity to build a two tower site, 5.5 + FSR, High Density 100% Rental (20% below Market). The property is conveniently positioned within the vibrant Cambie Corridor neighbourhood on Vancouver's west side. This established residential area boasts numerous parks and schools in close proximity. The property's strategic location places it in close proximity to the upcoming Oakridge Centre development and key thoroughfares such as Cambie Street, Oak Street, Main Street, and West 41st Avenue. This sought-after neighbourhood is easily accessible through public transportation. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
5449 Manson Street
Postal Code
V5Z3H2
Location Highlights
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Listed by
Dexter Realty 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
$7,980,000
Asking Price
$7,980,000
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
N/A
Market Competition
N/A
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