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Land For Sale at 822 Craig Rd in Ladysmith, British Columbia

4 Sale ID #211612
Updated 29 Apr 2024

Asking Price

$525,000

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

Lot Size

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Building Size

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Premise Summary

Sweeping Ocean View lot to build your dream home above the beautiful Town of Ladysmith. This 0.49 acre sloping parcel offers flat areas and underground services to the lot for easy development. The setting feels tranquil and private, backing onto Crown Land and trails, while being only minutes to schools, shopping and Transfer Beach. Accessed by a private shared driveway, the unbelievable views out across the Stuart Channel towards the Gulf Islands and coastal mountain ranges are protected by a height restriction on the neighbouring tree-line. The size and location of this land offer an unbeatable opportunity to design your future in this vibrant West Coast community. Viewing by appointment only please. All data and measurements are approximate, please verify if important. (id:39198)

  • MLS® : #955005
  • Date Listed : 04 Mar 2024

Location

Province

British Columbia

City

Ladysmith

Address

822 Craig Rd

Postal Code

V9G2C4

Location Highlights

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Listed by

RE/MAX of Nanaimo 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

$525,000

Asking Price

$525,000

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

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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