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Land For Sale at Lot 39 SELKIRK ROAD in Crawford Bay, British Columbia

4 Sale ID #202379
Updated 06 May 2024

Asking Price

$97,000

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

Be sure to check out this rare corner lot with a Kokanee Glacier View! Build your dream home or vacation haven on this flat, usable 0.40 acre lot perfectly situated within walking distance to Kokanee Springs Golf Resort. With a building site already thoughtfully cleared to emphasize the views yet preserve the mature trees for privacy- this lot is ready for you to bring your blueprints. The neighbourhood building scheme does not allow for RV or mobile homes, but a conventional build and certain modular homes will work great, while preserving the character and value in your community. There are no prescribed timelines or pressure to build your new home or vacation getaway. Take your time and create the dream! There are already valuable services in place including the community water system supplied by Kokanee Springs Water Utility and Fortis power. Both are at the lot line when you are ready. This location is ideal, combining the peace and quiet of a side road and being just minutes away from the grocery/market, gas, restaurants and many artisan shops in Crawford Bay. For the outdoor enthusiasts Kootenay Lake, a public beach, hiking and cross country skiing trails are all just minutes away! Make your move today and secure your new building site! Kokanee Glacier views! Build your dream home. Great water source from Kokanee Springs water utility and power to the lot line. Bring your plans and live the Kootenay lifestyle today! (id:39198)

  • MLS® : #2474809
  • Date Listed : 05 Feb 2024

Location

Province

British Columbia

City

Crawford Bay

Address

Lot 39 Selkirk Road

Postal Code

V0B1E0

Location Highlights

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Listed by

Fair 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

$97,000

Asking Price

$97,000

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

N/A

Support and Training

Not Included

Growth and Expansion

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Market Competition

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