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Land For Sale at Lot 1 Quadra Island in Quadra Island, British Columbia

4 Sale ID #159418
Updated 06 May 2024

Asking Price

$565,500

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

Sunny level 5 acres ready for your ideas! Recently replanted w/ 1500 evergreens including Cedar, Fir, two 6 ft tall Sequoias & two large Redwood trees seedlings! You’ll love the seasonal watercourse that meanders through the property creating lovely Vistas. East & southern sections boast towering evergreens. There's a bounty of huckleberries, salal, wild vanilla plant, sword fern & other local vegetation. Sunny property is ready to develop your dream garden! Your tomatoes will love the great southern exposure & full sun! The level topography allows for you to utilize the entire property! Located in a great area walking distance to the Ferry & stores. Potential for subdivision into two 2.5 acre lots. RU-2 zoning currently allows for two homes. If you’re looking for development potential or to just build your dream home this property could be perfect for you! Due to the delicate seedlings the seller has asked for all viewings to be with your realtor. Call today for more info or to view! (id:39198)

  • MLS® : #943298
  • Date Listed : 14 Sep 2023

Location

Province

British Columbia

City

Quadra Island

Address

Lot 1 Quadra Island

Postal Code

V0P1N0

Location Highlights

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Listed by

Royal LePage Advance 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

$565,500

Asking Price

$565,500

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

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Market Competition

N/A


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