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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,799,900
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
Vacant Development Property in Central Langford. The 7,800+ sqft lot is completely vacant and rezoning has already been completed to MU2 (Mixed Use Residential Commercial Zone). Situated in central Langford and within the City Centre Development Permit Area according to the Langford OCP. Provides easy access to Trans Canada Highway and close to all amenities/walking distance to downtown Lanford. Ideal location for condo building that could have enough space for up to 40 units. (id:39198)
Location
Province
British Columbia
City
Langford
Address
976 Dunford Ave
Postal Code
V9B2S3
Location Highlights
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Listed by
Engel & Volkers Vancouver Island 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
N/A
Financial Information
Yearly Rate
$1,799,900
Asking Price
$1,799,900
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)
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
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