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Land For Sale at Lot 3 HIGHWAY 3B in Rossland, British Columbia

New
4 Sale ID #221094
Updated 28 Apr 2024

Asking Price

$500,000

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

Welcome to your own slice of paradise! This sprawling 12-acre plot, tucked away in the Pinewood subdivision of Rossland, boasts picturesque views and ample space to create your perfect abode. The cherry on top? It's subdivide-able with an R1 zoning for single-family homes. Everything you need to make your dream home a reality is right here, with water and sewer at the lot line, gorgeous vistas to the east and south, plenty of nooks to build on, and mature trees that will make you feel one with nature. Plus, if you're feeling extra ambitious, the seller has even more land up for grabs: check out 2812 Cedar Cres, MLS#2456707, just next door to the north! (id:39198)

  • MLS® : #2465879
  • Date Listed : 24 Jun 2022

Location

Province

British Columbia

City

Rossland

Address

Lot 3 Highway 3b

Postal Code

V0G1Y0

Location Highlights

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Listed by

Mountain Town Properties 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

$500,000

Asking Price

$500,000

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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