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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,998,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Investors Alert! 2200SF corner lot located in the heart of historic Steveston Village just steps away from Steveston Harbour. Convenient access to community amenities including Steveston Community Park, Steveston Harbour, and Steveston Community Centre. 1,730 SF of retail space in middle of highly visited tourist destination. Close proximity numerous restaurants, cafes, and tourist attractions in the area Historical site allows for longterm preservation of building Fantastic investor opportunity to own a part of history. The invest or have your own business! Act fast! (id:39198)
Location
Province
British Columbia
City
Richmond
Address
3480 Moncton Street
Postal Code
V7E3A2
Location Highlights
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Listed by
Luxmore Realty British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
1,730
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$1,998,000
Asking Price
$1,998,000
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.
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,730
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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