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Retail Property For Sale at 3130 4000 NO. 3 ROAD in Richmond, British Columbia

4 Sale ID #135759
Updated 29 Apr 2024

Asking Price

$568,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Large corner unit, next to the escalator on 3rd f1oor, access to parking directly. It has water/drainage rough-in. 1 parking lot assigned for the unit, and ample parking spaces for customers. Fast and convenient transportation with CANADA LINE ABERDEEN STATION connecting to the Duilding seamless1y. The unit has been upgraded with painting, flooring, and two small rooms, good for the usage of both retail and office. The unit is for sale and for lease. (id:39198)

  • MLS® : #C8051805
  • Date Listed : 26 May 2023

Location

Province

British Columbia

City

Richmond

Address

3130 4000 No. 3 Road

Postal Code

V6X0J8

Location Highlights

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Listed by

Interlink Realty British Columbia listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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 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

N/A

Financial Information

Yearly Rate

$568,000

Asking Price

$568,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

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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