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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,280,000
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
Welcome to an exceptional opportunity to own a premium street level unit in the heart of Kitsilano. This well-positioned 934 sq.ft. unit, with C-2 zoning, offers endless potential for entrepreneurs, investors & businesses looking to establish a presence in a thriving and vibrant community. Located at the crossroads of W 4th Ave and MacDonald, it naturally garners an incredible amount of foot traffic and vehicles driving by daily. Strategically located right beside the residential front entrance of the prestigious KitWest building; surrounded by local amenities, familiar restaurants, banks, grocery stores, beaches, & over 150 new residential units coming within the block, this is a great long term investment for self-use or rental. Please do not disturb tenant. Call for your private showing. (id:39198)
Location
Province
British Columbia
City
Vancouver
Address
2860 W 4th Avenue
Postal Code
V6K1R2
Location Highlights
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Listed by
FaithWilson Christies International Real Estate 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
934
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
$1,280,000
Asking Price
$1,280,000
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)
934
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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