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Retail Property For Sale at 1659 CHRISTINA FRONTAGE RD in Christina Lake, British Columbia

4 Sale ID #45322
Updated 27 Apr 2024

Asking Price

$529,000

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.

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Lot Size

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Building Size

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Premise Summary

LOCATION, LOCATION, LOCATION! Christina Lake Frontage Road! Fronting Kimura Road as well! 2850 sq ft commercial space, currently set up for restaurant! 2 Suites on lower level! 316 sq ft accessory building! 2800 sq ft Triple Garage/Workshop fronting Kimura Rd! Great revenue and future development potential! Call your REALTOR(R) today. (id:39198)

  • MLS® : #2462239
  • Date Listed : 01 Dec 2021

Location

Province

British Columbia

City

Christina Lake

Address

1659 Christina Frontage Rd

Postal Code

V0H1E0

Location Highlights

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Listed by

Royal LePage Little Oak 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

$529,000

Asking Price

$529,000

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.

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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)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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