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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$729,000
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
Great location with Highway exposure and access for this 2008 stand alone building with 1585 square feet on the main floor and a 2 bedroom suite in the lower level. Main floor currently set up as an office is move in ready and makes for a great live work space with suite on lower level. Zoned C2 offers a wide variety of uses including Doctors, Dentist, Pharmacy, Restaurant, Pub, and tons of other options. Main floor offers welcoming entry with waiting room and reception desk, 3 spacious private offices (1 with ensuite bathroom), large open work area for filing/printing room, three cubicle work spaces, washroom and lots of storage. Finished 1,500 square foot basement with kitchen, office, 2 bedrooms, and bathroom. Building is set up with data/phone wiring, alarm system and air conditioning. Front entry and rear entry (wheel chair accessible), lots of parking including 5 private spaces and lane access. Located in downtown core with TCH exposure and access this is a great location and a quality building. (id:39198)
Location
Province
British Columbia
City
Salmon Arm
Address
31 1 Street Se
Postal Code
V1E4H1
Location Highlights
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Listed by
Homelife Salmon Arm Realty.Com 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
3,200
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
$729,000
Asking Price
$729,000
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)
3,200
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
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