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Land For Sale at 6820 46 Street NE in Salmon Arm, British Columbia

4 Sale ID #199034
Updated 02 May 2024

Asking Price

$249,900

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

Nestled in the serene Southwest corner of Canoe, at the end of a quiet dead-end road this 0.55-acre lot is situated in the TURTLE RIDGE subdivision of Salmon Arm NE. The property is fully serviced, featuring an impressive 58 feet of frontage and 410 feet of depth. The eastern side of the lot backs onto Canoe pond and park area, creating a peaceful atmosphere. Conveniently, the property is within walking distance to both the school and the waterfront park on Shuswap Lake. The setting provides a perfect blend of quiet seclusion and accessibility. There is no building scheme, only compliance with the City of Salmon Arm code requirements. Don't miss the opportunity to own a piece of this desirable location! (id:39198)

  • MLS® : #10302202
  • Date Listed : 09 Jan 2024

Location

Province

British Columbia

City

Salmon Arm

Address

6820 46 Street Ne

Postal Code

V1E2B3

Location Highlights

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Listed by

Homelife Salmon Arm Realty.Com 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

$249,900

Asking Price

$249,900

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

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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