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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,249,000
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
Are you ready to elevate your business to new heights? Look no further! We are thrilled to present a remarkable opportunity to own a prestigious commercial space at 18 Begbie Street, New Westminster. This is your chance to secure a prominent location that will set your business apart and drive success. With 1,054 sq ft of flexible space, the possibilities are endless. Whether you're opening a retail store, restaurant, office, or boutique, this space can be tailored to meet your unique needs. Nearby amenities include restaurants, cafes, shops, and public transportation options, making it convenient for your employees and customers. Don't miss this golden opportunity to own a piece of New Westminster's vibrant commercial landscape. The demand for prime commercial spaces is high, and this is your chance to secure your future success. (id:39198)
Location
Province
British Columbia
City
New Westminster
Address
18 Begbie Street
Postal Code
V3M0E3
Location Highlights
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Listed by
eXp Realty 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
1,045
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
$1,249,000
Asking Price
$1,249,000
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)
1,045
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
