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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
Large Commercial building located on main corner of high traffic area. Could be 4 separate units with their own storefronts and loading docks. There are 3 large loft areas also. Plenty of parking surrounding the building. C3 Commercial zoning has a widespread amount of different uses such as service, office and retail uses. C3 Commercial Zoning allows for retail, wholesale, woodworking, warehouse, building supply, amusement establishment, shop, medical or veteranary offices, dwellings and may more. Recent new roof and 800 AMP electrical. 14,656 sq. ft. concrete block commercial building has had several addresses in the past and could easily be 4 storefront units with loading doors. A great business opportunity. (id:39198)
Location
Province
British Columbia
City
Port Alberni
Address
3413 3rd Ave
Postal Code
V9Y3G7
Location Highlights
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Listed by
RE/MAX Mid-Island Realty 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
$799,900
Asking Price
$799,900
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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