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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,099,000
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
Located at the Lookout, this bright strata office is ideally situated just west of Lonsdale Avenue and steps north of West Esplanade. The Lonsdale Quay, SeaBus terminal, and the vibrant Shipyards District all within walking distance. The area offers a dynamic mix of shops, cafes, restaurants, and daily amenities. This unit features access to a spacious shared deck with breathtaking, unobstructed views of Downtown Vancouver across the water. This well maintained building has also recently undergone lobby renovations. (id:39198)
Location
Province
British Columbia
City
North Vancouver
Address
West 1st
Postal Code
V7M1B3
Location Highlights
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Listed by
Babych Group Realty Vancouver Ltd. 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
2,300
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
N/A
Financial Information
Yearly Rate
$2,099,000
Asking Price
$2,099,000
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)
2,300
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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