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Land For Sale at LOT 1 8TH STREET in Kitimat, British Columbia

4 Sale ID #174985
Updated 03 May 2024

Asking Price

$250,000

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

Great opportunity if you are looking for industrial property to either build or use for lay down area. This lot is located in the industrial service centre area in Kitimat, B.C and enroute to the Rio Tinto Kitimat Works, LNG Canada and the Kitimat LNG work sites. Consisting of 15,682 sq ft, cleared and ready for a company to put to good use this property has been priced to move quickly and is priced well below assessed value. (id:39198)

  • MLS® : #C8055303
  • Date Listed : 26 Oct 2023

Location

Province

British Columbia

City

Kitimat

Address

Lot 1 8th Street

Postal Code

V8C1Y8

Location Highlights

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Listed by

RE/MAX Kitimat Realty 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

$250,000

Asking Price

$250,000

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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