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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
EXCITING DEVELOPMENT OPPORTUNITY! This centrally located level 1.35 acre lot on a no-thru street in the heart of Westview is a must see parcel. Power has been run to the property, and new engineered designs have been complete for road, water, sewer and storm management system. The cleared lot is zoned R2 (Single and Two Family) and could become a much needed detached or duplex subdivision, or, rezone for a higher density project. The next-door identical lot with solid home and outbuilding is also available, expanding the development potential. Don't delay! Call for more details today. (id:39198)
Location
Province
British Columbia
City
Powell River
Address
Lot 12 Boswell Street
Postal Code
V8A1Y4
Location Highlights
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Listed by
460 REALTY POWELL RIVER 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
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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
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Financial Information
Yearly Rate
$599,900
Asking Price
$599,900
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)
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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
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