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Retail Property For Sale at 1 10032 99 AVENUE in Fort St. John, British Columbia

4 Sale ID #129016
Updated 29 Apr 2024

Asking Price

$689,000

Cap Rate help 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

Lot Size

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Building Size

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Premise Summary

Investment Opportunity... In a prime location in the downtown core of Fort St. John, here is a great buy and hold income producing investment as the building is currently leased until April 2026. Plenty of parking is offered for customers along with superb visibility and walking distance to popular amenities such as banks, restaurants, offices and more. Unit measures 4680 sqft. Includes 2 offices, a sizable storage room, staff room and bathroom. Air conditioners and furnace serviced regularly and new exterior doors front and back replaced in 2022. Purchase this building as an investment or for your future business. * PREC - Personal Real Estate Corporation (id:39198)

  • MLS® : #C8050625
  • Date Listed : 05 Apr 2023

Location

Province

British Columbia

City

Fort St. John

Address

1 10032 99 Avenue

Postal Code

V1J1V3

Location Highlights

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Listed by

Century 21 Energy Realty British Columbia listing

Category

retail-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

N/A

Building Size

4,680

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

N/A

Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$689,000

Asking Price

$689,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

4,680

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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