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Land For Sale at MACKENZIE 20 HIGHWAY in Bella Coola, British Columbia

4 Sale ID #171661
Updated 03 May 2024

Asking Price

$880,000

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

* PREC - Personal Real Estate Corporation. This 83.23 acre treed property in Bella Coola presents a captivating opportunity for investors or entrepreneurs seeking a diverse income generating asset. With its convenient road access and breathtaking ocean views, it offers a unique blend of natural beauty and tourism potential. The property runs along the south side of the road from the government wharf out to the point of land overlooking the inlet with gated access to the rock quarry. It also includes a smaller portion right down on the ocean. The current lease with Columbia Fuels and the presence of a rock quarry, provide an instant income while access to the ocean opens up various possibilities for water based activities. This vast, estate like property also provides ample space for the construction of a luxurious family home. (id:39198)

  • MLS® : #R2824995
  • Date Listed : 16 Oct 2023

Location

Province

British Columbia

City

Bella Coola

Address

Mackenzie 20 Highway

Postal Code

V0T1C0

Location Highlights

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Listed by

Landquest Realty Corp (100M) 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

$880,000

Asking Price

$880,000

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

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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