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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,900
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
Prime Commercial Opportunity in Cranbrook, BC! Discover the perfect location for your business situated on the bustling highway in Cranbrook, BC. With a generous 8150 sq ft of floor space on just over half an acre lot, this C-2 zoned space offers endless possibilities for your venture. Boasting ample parking space, convenience meets accessibility for your clients and customers. The strategic location ensures maximum visibility and foot traffic, making it an ideal spot for retail, offices, or any business seeking a thriving hub. (id:39198)
Location
Province
British Columbia
City
Cranbrook North
Address
1610 Cranbrook Street
Postal Code
V1C3S8
Location Highlights
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Listed by
Century 21 Purcell Realty Ltd 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
$1,999,900
Asking Price
$1,999,900
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)
0
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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