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Office Building For Sale at 203 6981 East Saanich Rd in Central Saanich, British Columbia

updated New
4 Sale ID #223466
Updated 03 May 2024

Asking Price

$599,800

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

Fantastic Strata Office Space, centrally located near the Island View lights off Pat Bay Highway. This is one of three units in this development. This is a great opportunity for the owner occupier with approx 1,500sqft on the main floor and a secure basement with another 700sqft or so. Great space with easy access to both Downtown Victoria, BCFerries and Airport. (id:39198)

  • MLS® : #959575
  • Date Listed : 07 Apr 2024

Location

Province

British Columbia

City

Central Saanich

Address

203 6981 East Saanich Rd

Postal Code

V8Z5Z2

Location Highlights

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Listed by

eXp Realty British Columbia listing

Category

office-buildings

Property Information

Premise Status

LEASED Premises

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

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Building Size

0

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

$599,800

Asking Price

$599,800

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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