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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,995,000
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
This is a solid institutionally built building exceptionally well maintained with 2 strong tenants in place and room to relocate for your own purposes, or fully lease out. The Canada Post building is on 7 city lots with 24 onsite parking spaces and a fenced compound with loading docks and additional parking, including a 2 bay garage. Extensively renovated and maintained, this building has to be seen to understand the long term quality of same. High level security system including glass breakage with 16 cameras which can be linked to your phone. This building has Federal Government standard elevator servicing the fully usable basement and fully renovated main and second floors. Ideal for long term investment or owner occupied location with tenants paying the freight. Formal package available. There is an additional 4,841 sf of office space available for lease [separate listing] or for use by the new owner, with an additional 2,843sf of storage and a 3000sf suite in the basement. (id:39198)
Location
Province
British Columbia
City
Prince George
Address
5th
Postal Code
V2L3L6
Location Highlights
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Listed by
Team Powerhouse 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
33,716
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
$4,995,000
Asking Price
$4,995,000
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)
33,716
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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