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Land For Sale at 8840 RIVERSIDE DRIVE in Grand Forks, British Columbia

4 Sale ID #70738
Updated 29 Apr 2024

Asking Price

$239,000

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.

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Lot Size

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Building Size

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Premise Summary

Last waterfront lot with beach in Grand Forks. Great executive cul-de-sac. Large lot .437 acre. Easy access to many trails + green space. Riverside Meadows says it all. River, valley + mountain views. Complete underground city services, fibre optic internet, natural gas all in place. Executive beach lot. No through traffic. Park-like riverwalk, hiking trails, tennis courts + pickleball courts, lots of other summer + winter recreation are all within a short block or 2. Executive homes in a quiet + private neighborhood. Perfect for a walk-out basement. Compare price to other lots that have no services. Geothermal is an easy option here. Grand Forks is on the U.S. border + easy access to Spokane + Kelowna airports. As an investment or build your dream home now. (id:39198)

  • MLS® : #2462989
  • Date Listed : 14 Feb 2022

Location

Province

British Columbia

City

Grand Forks

Address

8840 Riverside Drive

Postal Code

V0H1H0

Location Highlights

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Listed by

Grand Forks Realty Ltd 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

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Financial Information

Yearly Rate

$239,000

Asking Price

$239,000

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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