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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,999,900
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
Investor Alert! 7.1 UNZONED acres steps from city limits! This is an amazing opportunity to bring your development ideas! Just minutes drive to downtown Nelson, or minutes walk to Selkirk college, golf course, convenience stores, coffee shops restaurants and so many of Nelson unique shops. , this property is in an ideal location! There is a huge 61'x36' mechanics shop already established on the property, with several other storage outbuildings including a massive 21'x41' quonset, as well as a nearly 3200 sq. ft. home! The large, well built home boasts 3 bedrooms, 2.5 bathrooms, newly updated kitchen with open concept dining/living room combination, and a huge sunroom with attached covered deck! With housing development on the rise in Nelson, take advantage of this opportunity, and get a piece of the pie! Endless opportunities lie within 2402 Silver King Road. (id:39198)
Location
Province
British Columbia
City
Nelson
Address
2402 Silver King Road
Postal Code
V1L1C9
Location Highlights
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Listed by
Coldwell Banker Rosling Real Estate (NELSON) 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
$1,999,900
Asking Price
$1,999,900
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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