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Retail Property For Sale at 13312 HIGHWAY 31 in Kaslo North To Gerrard, British Columbia

4 Sale ID #210048
Updated 28 Apr 2024

Asking Price

$799,000

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

Introducing the Meadow Creek Store, your golden opportunity to own a one-of-a-kind business in the heart of Meadow Creek! This iconic establishment boasts a 3bd1ba house, large shop, fenced yard w/grenhse and gardens alongside its commercial offerings. As the focal point of the community, the Meadow Creek Store provides essential services, making it a hub for residents and visitors alike. The store features a Canada Post outlet, ensuring convenient access to postal services for the North Kootenay Lardeau Valley community. With its Licensed Liquor Store, customers can indulge in their favourite beverages and enjoy a selection of spirits. Additionally, the store offers a range of essential goods, and home-style baked goods & meals ensuring that residents have access to the necessities without having to travel far. Located in an area of stunning natural beauty, the Meadow Creek Store is perfectly positioned to serve the needs of outdoor enthusiasts exploring the North Kootenay Lardeau Valley. Its strategic location along a well-traveled route provides excellent visibility and attracts customers. The Meadow Creek Store's gas station provides a convenient refueling stop for both locals and tourists, ensuring they can continue their journeys without any hassle. As the go-to spot for fuel, the store enjoys consistent patronage from the community and passersby. This is an exceptional opportunity to take over a well-established business that is deeply ingrained ingrained in the fabric of the community. (id:39198)

  • MLS® : #2475152
  • Date Listed : 01 Mar 2024

Location

Province

British Columbia

City

Kaslo North To Gerrard

Address

13312 Highway 31

Postal Code

V0G1N0

Location Highlights

N/A

Listed by

Fair Realty 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

0

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

N/A

Financial Information

Yearly Rate

$799,000

Asking Price

$799,000

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.

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Premises Size (square feet)

0

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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