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Land For Sale at 680 Clarendon Rd in Gabriola Island, British Columbia

4 Sale ID #213152
Updated 03 May 2024

Asking Price

$399,000

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

Discover an exceptional opportunity to own 3.5 acres on the coveted north end of Gabriola Island. With a blend of open space and natural foliage, this acreage presents a blank canvas to design and build your dream home while preserving the island's natural beauty. The partially cleared site with a roughed-in driveway and well- crafted power shed sets the stage for your ideal retreat. Whether you envision a contemporary masterpiece, a rustic cabin, or a sustainable eco-friendly dwelling, the possibilities are endless on this spacious parcel. (id:39198)

  • MLS® : #955374
  • Date Listed : 07 Mar 2024

Location

Province

British Columbia

City

Gabriola Island

Address

680 Clarendon Rd

Postal Code

V0R1X1

Location Highlights

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Listed by

Royal LePage Nanaimo Realty (NanIsHwyN) 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

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Financial Information

Yearly Rate

$399,000

Asking Price

$399,000

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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