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Land For Sale at Parcel C 1st St in Sointula, British Columbia

4 Sale ID #199024
Updated 02 May 2024

Asking Price

$1,600,000

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

Extraordinary Waterfront Property, on Beautiful Malcolm Island. This 1.043 acres of land is situated in the community of Sointula, BC, close to the ferry and downtown. It boasts 510 feet or 155 meters of incredible water frontage. The property is accessible from 1st street and runs all the way to Dickenson point. The Southern exposure provides views of Port McNeill and Haddington Island. This property has been owned by one of the original families of Sointula and is ready for new development. If you are looking for a pristine piece of land on a remote and gorgeous island, come and have a look today! (id:39198)

  • MLS® : #951818
  • Date Listed : 22 Jan 2024

Location

Province

British Columbia

City

Sointula

Address

Parcel C 1st St

Postal Code

V0N3E0

Location Highlights

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Listed by

Royal Lepage Aspire 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

$1,600,000

Asking Price

$1,600,000

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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