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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,600,000
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
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)
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
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
$1,600,000
Asking Price
$1,600,000
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)
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
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Market Competition
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