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Benefits
Asking Price
$2,890,000
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
**OLD BYLAWS PERMIT PENDING** 0.35 FSR. VIEW LOT British Properties! 21,000 sqft, 100ft frontage. Save ONE YEAR of waiting for permit and 200K for design and other fees. Application submitted and approved with the possibility to make some changes in the design or the size before permit is issued. Last opportunity for a modem house under old bylaws. design by DADAFORM, 9,000 sqft (6 Beds/7 Baths), 14ft ceiling on main, 10ft elsewhere. Expansive, large-format sliding windows adorn all three levels, framing captivating views of the water, city and mountains. Please walk the property only with a notice and permission from the listing agent. Be sure to ascend the installed "STAIRS" leading to the BEDROCKS-that is the future basement location. Plans are available upon offer acceptance. (id:39198)
Location
Province
British Columbia
City
West Vancouver
Address
705 St. Andrews Road
Postal Code
V7S1V5
Location Highlights
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Listed by
RE/MAX Masters Realty 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
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 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
$2,890,000
Asking Price
$2,890,000
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)
0
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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