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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,780,000
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
Rarely available opportunity to purchase a AAA office space in a fantastic location in Downtown Vancouver in the iconic Burrard Place building. Burrard Place is a LEED Gold building with world-class amenities! Dedicated boardrooms , free wifi in all amenity areas, Meinhardt's grocery and cafe on main floor, commercial office shower and change rooms, 4 loading docks and elevators. You also get access to Club One amenities which include: first - class fitness facility, full-length lap pool, hot tub steam room, and sauna, private spa rooms, wine cellar and wine tasting bars, private dining facilities, outdoor dining and lounge, indoor and outdoor yoga space, and more. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
534 1281 Hornby Street
Postal Code
V6Z1W2
Location Highlights
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Listed by
RE/MAX Crest 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
1,429
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
$1,780,000
Asking Price
$1,780,000
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.
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)
1,429
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
