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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,000,000
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
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)
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
Property Information
Premise Status
Includes REAL ESTATE
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
N/A
Renewal Options
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Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$3,000,000
Asking Price
$3,000,000
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.
N/A
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.
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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