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Office Building For Sale at 500 4634 PARK AVENUE in Terrace, British Columbia

4 Sale ID #178488
Updated 28 Apr 2024

Asking Price

$129,900

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

Looking for office space? This office is located on the 5th floor with Northeast facing mountain views & views George Little Park. The office is attached to an exam room and is being sold with all the furniture & electronics (computer, printer, etc) in both the office & exam room. Common areas include a reception area, shared storage, staff room, staff bathroom & another exam room. Quick possession is available. * PREC - Personal Real Estate Corporation (id:39198)

  • MLS® : #C8055582
  • Date Listed : 08 Nov 2023

Location

Province

British Columbia

City

Terrace

Address

500 4634 Park Avenue

Postal Code

V8G1V7

Location Highlights

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Listed by

RE/MAX Coast Mountains 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

224

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

$129,900

Asking Price

$129,900

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)

224

Other Information

Owner willing to Finance

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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