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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,999
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 or owner/user alert! Prime street front strata retail space for sale on highly-coveted Hastings Street, located in East Village, east of Nanaimo Street. This large, 2 Level totaling 1,775 square foot retail unit includes retail space above, two bathroom, and one designated parking stall. Located within close proximity to multiple under construction purpose built rental development sites, major banks, London Drugs, and abundant local businesses and amenities within walking distance. Ample street front parking, as well as a free 2-hour parking lot across East Hastings Street. Contact us today for more information. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
2526 E Hastings Street
Postal Code
V5K1Z3
Location Highlights
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Listed by
HOMELIFE FRONTIER REALTY INC. 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
1,775
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
$999,999
Asking Price
$999,999
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)
1,775
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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