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Land For Sale at 580 CENTRAL AVENUE in Midway, British Columbia

4 Sale ID #174826
Updated 28 Apr 2024

Asking Price

$89,900

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

Perfect building lot in Midway, BC. This private, level lot is situated on a not thru road and is within walking distance to all amenities Midway has to offer. Build or move your dream home and enjoy the quiet life. This lot is deer fenced with water and sewer already on the property. Power, gas, phone and cable are at the property line. This lot is close to walking trails and the Kettle River. Midway offers a grocery store, hardware store, insurance, gas station, restaurant, post office, library, doctor, pharmacy, fire, police, ambulance, seniors centre, community garden, ball diamond, and indoor curling and ice skating rink. There are 2 ski hills, a golf course and the US border all within close proximity. Midway is flat and enjoys a semi-arid climate with moderately cold winters and hot summers. Don't miss out on this fabulous opportunity! (id:39198)

  • MLS® : #2473836
  • Date Listed : 20 Oct 2023

Location

Province

British Columbia

City

Midway

Address

580 Central Avenue

Postal Code

V0H1M0

Location Highlights

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Listed by

Century 21 Premier Properties 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

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

$89,900

Asking Price

$89,900

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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