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Office Building For Sale at 120 3030 LINCOLN AVENUE in Coquitlam, British Columbia

4 Sale ID #214512
Updated 06 May 2024

Asking Price

$1,065,000

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

Rare find! Located in the heart of Coquitlam Centre, combining with Unit 118 and Unit 119 of a total of 2462 Sqft of office space. Newly renovated office. New paint, new carpet and new locks. Located on the ground level, it boasts signage and window display opportunities, ideal for visibility and branding. The layout includes 10 individual offices, a boardroom, and storage, catering to various business needs. With its prime location, modern updates, and functional layout, this property presents an attractive opportunity for businesses seeking a centrally located and well-equipped space in Coquitlam Centre. (id:39198)

  • MLS® : #C8058321
  • Date Listed : 14 Mar 2024

Location

Province

British Columbia

City

Coquitlam

Address

120 3030 Lincoln Avenue

Postal Code

V3B6B4

Location Highlights

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Listed by

Sutton Group - 1st West Realty British Columbia listing

Category

office-buildings

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

750

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

$1,065,000

Asking Price

$1,065,000

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)

750

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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