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Retail Property For Sale at 10321 GETHING STREET in Hudsons Hope, British Columbia

4 Sale ID #134886
Updated 30 Apr 2024

Asking Price

$599,900

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.

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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)

  • MLS® : #C8051684
  • Date Listed : 19 May 2023

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

retail-properties

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 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

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Financial Information

Yearly Rate

$599,900

Asking Price

$599,900

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.

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Gross Revenue- annual

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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)

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EBITDA help 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

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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