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Suite of tools & services
Benefits
Asking Price
$599,900
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
Check out this fantastic commercial building in an excellent location & start your own business or two! This building had an extensive addition added in the 90’s with the focus on being able to separate it into two businesses. They each already have their own entries, exits, bathrooms, showrooms, storage space & plenty of parking. An added bonus are the 2 two bedroom apartments above, making this a fantastic opportunity for a family run business that supplies the owners, manager, and/or staff housing. The building includes display/showrooms, office, rear loading dock, lumber yard with steel racking and a full unfinished basement for added square footage not calculated overall. No drop-ins please, must have a confirmed appointment. * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Hudsons Hope
Address
10321 Gething Street
Postal Code
V0C1V0
Location Highlights
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Listed by
RE/MAX Action Realty Inc 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
9,000
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
$599,900
Asking Price
$599,900
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)
9,000
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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