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Retail Property For Sale at 325 COPPER AVENUE S in Greenwood, British Columbia

4 Sale ID #107254
Updated 28 Apr 2024

Asking Price

$800,000

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.

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Lot Size

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Building Size

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Premise Summary

Copper Eagle Cappuccino & Bakery, in Greenwood, BC. Very successful business, in operation for many years. Turn key business, all equipment, building, land, recipes, and Seller willing to train! Seller may be willing to finance. Live upstairs in the 3 Bedroom, 1 Bathroom home and run your business downstairs. Solid built Heritage building in prime location, right on the main street. Full basement offers plenty of storage, full laundry, 2 car garage, and walk in freezer. Newer compressors for freezer and cooler. Newer central air conditioning. Kitchen offers a walk in cooler, commercial mixer, bakery oven, and all equipment needed for day to day operation. Upstairs offers very private 3 bedroom, 1 bathroom home for additional income, or personal living space. Copper Eagle offers food and beverage to go, enjoy the relaxing space inside, or lounge outside on the patio. Greenwood is located in the Kootenay Boundary, which Highway 3 runs right through. Local population of over 700 people, services the entire West Boundary area, and has a large tourist business during the Summer months. Greenwood is Canada's smallest City, and has a robust history of mining. Come be a part of this growing community, and own a piece of history. Click on multimedia and additional photos below for an additional video and virtual viewing. Call your REALTOR(R) today! (id:39198)

  • MLS® : #2467679
  • Date Listed : 29 Sep 2022

Location

Province

British Columbia

City

Greenwood

Address

325 Copper Avenue S

Postal Code

V0H1J0

Location Highlights

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Listed by

Century 21 Premier Properties Ltd British Columbia listing

Category

retail-properties

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 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

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Financial Information

Yearly Rate

$800,000

Asking Price

$800,000

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.

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Gross Revenue- annual

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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)

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EBITDA help 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

N/A

Market Competition

N/A


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