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Retail Property For Sale at 106 229 KEEFER STREET in Vancouver, British Columbia

4 Sale ID #131755
Updated 28 Apr 2024

Asking Price

$98,800

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

N/A

Building Size

N/A

Premise Summary

Well established profitable store for selling Lotto & 649 tickets, flowers, key cutting, cigarettes, magazines & books etc. Shop front stall facing Keefer St in China Town. Excellent commission income from selling of lotto tickets in this busy Lotto center. Has its own separate entrance after mall hours. Affordable rent including property tax & GST. Buyer will get a new lease upon purchase. Easy to run with one person can operate. Great opportunity to be your own boss! (id:39198)

  • MLS® : #C8051082
  • Date Listed : 25 Apr 2023

Location

Province

British Columbia

City

Vancouver

Address

106 229 Keefer Street

Postal Code

V6A1X6

Location Highlights

N/A

Listed by

Royal Pacific Tri-Cities Realty British Columbia listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

578

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$98,800

Asking Price

$98,800

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)

578

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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