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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$674,900
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
If you're looking for a prime commercial real estate opportunity in Abbotsford, look no further. This outstanding brand NEW 2nd floor commercial strata unit has 870 sqft. of office/retail space that offers everything you need to grow your business and thrive in this vibrant & highly sought-after location. The unit is beautifully designed and features a spacious floorplan that is perfect for your business. Whether you're looking to open a new retail store, launch a professional office space, or develop your own unique business model, this commercial strata unit is the perfect blank canvas to bring your vision to life. Centrally located in a highly desirable area of Abbotsford w/excellent dining & shopping options, and a variety of recreational activities, there's never a dull moment in this thriving city. Plus, offering ample parking & easy access major transportation routes & the rest of the Lower Mainland. C4 zoning allows for retail, coffee shop, trade schools & much more. (id:39198)
Location
Province
British Columbia
City
Abbotsford
Address
211 1779 Clearbrook Road
Postal Code
V2T5X5
Location Highlights
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Listed by
RE/MAX Truepeak 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
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
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
$674,900
Asking Price
$674,900
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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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.
