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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,995,000
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
Ideally located on the Saanich Pennisula just 20 minutes to downtown Victoria, this unique 20 acre piece of ALR land awaits your ideas and imagination. Potential uses include agriculture, aquaculture, equestrian, greenhouse or construct a beautiful single family home with secondary secondary residence (plans available). Currently, the property houses a large warehouse +/- 9,700sf with 20 foot ceilings and substantial infrastructure/earthworks has been implemented on the land. The land has been levelled and tiered from Wallace to Stellys Cross Road. ALC may allow 1.57 acres to be subdivided off the main piece (buyer to make own enquiries). Just a short drive to Brentwood Bay, marinas, beaches and all amenities. (id:39198)
Location
Province
British Columbia
City
Central Saanich
Address
7210 Wallace Dr
Postal Code
V8M1S8
Location Highlights
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Listed by
Pemberton Holmes - Cloverdale 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
$2,995,000
Asking Price
$2,995,000
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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