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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$231,800
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
274 sq. ft. office space with windows at Conference Plaza in downtown Vancouver's business location. It is perfect for a small business use . Roof Proj ect completed Jan. 2023 and amenity 4th fl Roof Garden will open April 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)
Location
Province
British Columbia
City
Vancouver
Address
247 515 W Pender Street
Postal Code
V6B6H5
Location Highlights
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Listed by
Royal LePage Global Force 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
274
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
N/A
Financial Information
Yearly Rate
$231,800
Asking Price
$231,800
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.
N/A
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)
274
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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