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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$254,900
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
Perfect location for a small office in downtown Vancouver at Conference Plaza. This 288 sq.ft. office space is efficiently partitioned with wide windows. A well maintained building, the Roof Project completed in Jan. 2023 and 4th fl Roof Garden opens April 2024 for owners/tenants. It is within walking distance to bus, 3 Skytrain stations, Seabus as well as the West Coast Express. In the core of downtown, it is also steps to shopping and dining. Underground paid parking for visitors is available. Call today for your private viewing, Mon-Fri 9-5pm , with 24hrs notice please. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
212 515 W Pender Street
Postal Code
V6B6H5
Location Highlights
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Listed by
Macdonald 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
288
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
$254,900
Asking Price
$254,900
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)
288
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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