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Asking Price
$699,900
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
Two unit commercial building with HIGH visibility directly off of Highway 97. This 6,000 square foot building currently has tenants in both units. Unit 102 features: 2 bay doors, office space, mezzanine, and offers plenty of storage in its fenced compound and separate storage building. Unit 101 features a mezzanine, 14' bay door, 40' X 60' open multi-purpose room, office space and front desk area already built in. Units rent out for a total of $4750/mth. The generous 0.46 acre lot is located in one of Quesnel's most successful, high traffic commercial/industrial areas with mostly long term tenants. M-1 zoning offers plenty of options: auto sales/rentals, storage facilities, microbrewery, warehousing, recycling center and SO MUCH more! * PREC - Personal Real Estate Corporation (id:39198)
Location
Province
British Columbia
City
Quesnel
Address
195 Keis Avenue
Postal Code
V2J3S1
Location Highlights
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Listed by
Century 21 Energy Realty(Qsnl) 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
6,000
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
$699,900
Asking Price
$699,900
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)
6,000
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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