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Office Building For Sale at 245 515 W PENDER STREET in Vancouver, British Columbia

4 Sale ID #208045
Updated 05 May 2024

Asking Price

$231,800

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.

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Lot Size

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Building Size

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Premise Summary

244 sq. ft. office space with windows at Conference Plaza in downtown Vancouver's business location. It is perfect for a small business use. Roof Project completed Jan. 2023 and amenity 4th fl Roof Garden will open ~pril 2024 for owners/tenants. Walking distances to bus stations, 3 Skytrain stations, Seabus and West Coast Express, the office is conveniently located for transportation as well as shopping and dining. Underground paid !Visitor parking is available. Call today for your private viewing. (id:39198)

  • MLS® : #C8057856
  • Date Listed : 24 Feb 2024

Location

Province

British Columbia

City

Vancouver

Address

245 515 W Pender Street

Postal Code

V6B6H5

Location Highlights

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Listed by

BOSLEY REAL ESTATE LTD. 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

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Financial Information

Yearly Rate

$231,800

Asking Price

$231,800

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.

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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

N/A

Market Competition

N/A


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