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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$489,000
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
SELLER MOTIVATED! One of a kind listing! The old Greenwood School. Over 20,000 square feet already zoned multi residential! The options are limited only by your imagination. Just over an acre in a great location with fantastic views. Building has been stripped down to bare stud, and is awaiting your designs to finish it off. Create a multi unit apartment, or build your own private house, large enough for an indoor pool! Work with the local government to create an extended care facility. The options are limitless! New roof in 2022. Solidly built with a crawl space throughout for easy access to plum ing and electrical updates. Huge gym space has been completely opened up to allow multiple uses. Bring your ideas and offers. Check out this fantastic opportunity. Call your REALTOR(R) Today! Additional listing Residential MLS 2472322 (id:39198)
Location
Province
British Columbia
City
Greenwood
Address
102 Government Avenue S
Postal Code
V0H1J0
Location Highlights
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Listed by
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
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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
$489,000
Asking Price
$489,000
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)
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Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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