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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$498,000
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
If you are looking for fully occupied income producing office building that needs no maintenance in the near future this is it! Roof, electrical, heating, AC, interior and exterior have all been upgraded over the years making this an exceptional office/retail building. Current net rents are $3450.00 per month for an excellent cap rate with 2 leases in place and the entire building rented out until March 31, 2026 with options to renew. There is also a part basement used for storage and the zoning is C1 which allows many uses. Photo's of vacant side are from before tenant moved in. All information and measurements provided are approximate and to be verified by buyer if deemed important. (id:39198)
Location
Province
British Columbia
City
Prince George
Address
195 Quebec Street
Postal Code
V2L1W1
Location Highlights
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Listed by
Team Powerhouse 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
4,258
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
$498,000
Asking Price
$498,000
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)
4,258
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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