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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$189,000
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
Fantastic investment Property!!! Located in downtown New Hazelton, zoned C-1 on three lots with an amazing view! The possibilities are endless with this property! The zoning allows for so many different options, such as, but not limited too, a hobby farm, office space, multi unit residential, art studio, bakery, brewery and it would make a great Airbnb. The zoning also allows for an accessory dwelling unit either above the first storey or behind the principal building. The property was previously being rented as an office space, and was formerly a beautiful yoga studio. There is so much potential with this property! Don't miss out on this affordable commercial property! (id:39198)
Location
Province
British Columbia
City
New Hazelton
Address
4250 11th Avenue
Postal Code
V0J2J0
Location Highlights
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Listed by
Calderwood Realty Ltd. 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
400
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
$189,000
Asking Price
$189,000
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)
400
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
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