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Land For Sale at #PL2 5450 Anderson Way in Vernon, British Columbia

updated
4 Sale ID #180948
Updated 29 Apr 2024

Asking Price

$3,000,000

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

N/A

Building Size

N/A

Premise Summary

Discover an unparalleled opportunity at Vernon's most sought-after commercial address. This prime commercial property is available for sale, offering flexible 1-5 acre parcels, each benefiting from coveted CD1 zoning. Strategically positioned to be the epicenter of business activity, this location permits an extensive range of uses, including but not limited to residential apartment housing, automotive and recreation vehicle sales/rentals, broadcasting studios, call centres, extended medical treatment services, and much more. Whether you envision a bustling retail hub, state-of-the-art office complex, or dynamic service center, these parcels cater to diverse business aspirations. Seize this chance to shape the future of your enterprise in a location that embodies prestige and potential. Elevate your business presence at Vernon's premier commercial destination! (id:39198)

  • MLS® : #10288608
  • Date Listed : 16 Nov 2023

Location

Province

British Columbia

City

Vernon

Address

#pl2 5450 Anderson Way

Postal Code

V1T9V2

Location Highlights

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Listed by

Century 21 Assurance Realty Ltd British Columbia listing

Category

land

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

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

$3,000,000

Asking Price

$3,000,000

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

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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