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Office Building For Sale at 334 1281 HORNBY STREET in Vancouver, British Columbia

4 Sale ID #139703
Updated 02 May 2024

Asking Price

$1,559,000

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

LEED Gold AAA brand new Office space located in the prestigious One Burrard Place near the corner of Hornby Street and Davie Street in the heart of downtown Vancouver. The building features include use of boardrooms, fitness facility, private spa and pool, outdoor dining and lounge areas, showers, change rooms and wine room. This fully air-conditioned 1,037 sq. ft. unit features lots of windows for an abundance of natural light, approved plans and specifications in place for high quality flooring, two (2) private offices and a coffee bar and sink. The unit has one (1) parking stall plus access to common area stalls. Please telephone or email listing agents for further information or to set up a viewing. (id:39198)

  • MLS® : #C8052381
  • Date Listed : 20 Jun 2023

Location

Province

British Columbia

City

Vancouver

Address

334 1281 Hornby Street

Postal Code

V6Z1W2

Location Highlights

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Listed by

RE/MAX Crest Realty 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

1,037

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

$1,559,000

Asking Price

$1,559,000

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)

1,037

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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