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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,900
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
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)
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
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
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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
$249,900
Asking Price
$249,900
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)
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Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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