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Land For Sale at Parcel F RAILWAY AVENUE in Salmo, British Columbia

4 Sale ID #150821
Updated 06 May 2024

Asking Price

$109,000

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

Lot Size

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Building Size

N/A

Premise Summary

PRICED WAY UNDER ASSESSED VALUE! INVESTOR ALERT! Large 90x120 lot located right in the heart of Salmo. Opportunity for both Commercial and/or residential use, including multi family dwelling! With power, water and sewer at lot line in the booming Village of Salmo! Waiting to be scooped up by an investor! So many options! Located right on Railway Avenue, have all of the in town and tourists' eyes on your new business or enjoy this flat sunny lot to build your dream home and enjoy the Back alley access. Close to all amenities, schools and just minutes to golf course & ski hills. Contact the village of Salmo to discuss the planning possibilities GST applicable. (id:39198)

  • MLS® : #2471866
  • Date Listed : 28 Jun 2023

Location

Province

British Columbia

City

Salmo

Address

Parcel F Railway Avenue

Postal Code

V0G1Z0

Location Highlights

N/A

Listed by

RE/MAX Four Seasons (Nelson) British Columbia listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$109,000

Asking Price

$109,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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