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Office Building For Sale at 204 3670 TOWNLINE ROAD in Abbotsford, British Columbia

4 Sale ID #183045
Updated 02 May 2024

Asking Price

$1,069,000

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

This 1187 sqft. unit is located on the upper floor of a Gian's Business Centre is a mixed use commercial development in a prime West Abbotsford location. The development features a convention/Banquet Centre, medical building as well as a shopping centre with retail and office space. Call for more details. (id:39198)

  • MLS® : #C8055863
  • Date Listed : 22 Nov 2023

Location

Province

British Columbia

City

Abbotsford

Address

204 3670 Townline Road

Postal Code

V2T5W8

Location Highlights

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Listed by

Nationwide Realty Corp. 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

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

$1,069,000

Asking Price

$1,069,000

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)

0

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

N/A


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