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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$226,000
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
Discover the perfect office space at an unbeatable address: Prime Downtown Location! Nestled near the heart of downtown Vancouver, this office space boasts unparalleled convenience. Enjoy the city's vibrancy with easy access to world-class amenities, public transportation, and more, all within a short stroll. Your ideal office is right here! Conveniently located near downtown at 938 Howe St, Vancouver, BC.Swift access to major transit hubs for seamless commutes. Surrounded by a thriving community of businesses, eateries, and shops. Ideal proximity to the Courthouse - perfect for legal professionals. No parking stall included, but abundant nearby parking options.Affordable Strata Fee: Very reasonable strata fee per month. A smart investment opportunity, hard to find elsewhere in Vancouver's commercial space market. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
719 938 Howe Street
Postal Code
V6Z1N9
Location Highlights
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Listed by
HonestDoor Inc. 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
155
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
$226,000
Asking Price
$226,000
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)
155
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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