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Land For Sale at 5514 ASH STREET in Vancouver, British Columbia

4 Sale ID #157247
Updated 05 May 2024

Asking Price

$10,680,000

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

N/A

Building Size

N/A

Premise Summary

DEVELOPMENT PROPERTY on corner lot with lane access. The City of Vancouver's Cambie Corridor Plan allows for up to an 18 storey tower with site frontage requirements and other conditions. Projected 6.7 FSR. Excellent location, close to the new Oakridge Park Shopping Centre, Canada Line Skytrain, Queen Elizabeth Park, restaurants, retail, all levels of schools & every amenity anyone could ever need. This has the potential to be a lucrative site. (id:39198)

  • MLS® : #C8054182
  • Date Listed : 12 Sep 2023

Location

Province

British Columbia

City

Vancouver

Address

5514 Ash Street

Postal Code

V5Z3G7

Location Highlights

N/A

Listed by

Royal LePage - Wolstencroft British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

4,712

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$10,680,000

Asking Price

$10,680,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

4,712

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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