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Retail Property For Sale at 195 KEIS AVENUE in Quesnel, British Columbia

4 Sale ID #109389
Updated 27 Apr 2024

Asking Price

$699,900

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

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)

  • MLS® : #C8047284
  • Date Listed : 18 Oct 2022

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

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

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 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

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Financial Information

Yearly Rate

$699,900

Asking Price

$699,900

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)

6,000

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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