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Retail Property For Sale at 4 NEWCOMBE AVENUE in Port Clements, British Columbia

4 Sale ID #146661
Updated 04 May 2024

Asking Price

$465,000

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

This is an incredible live/work opportunity in the heart of Haida Gwaii. Haida Gwaii is world renowned for its natural beauty and recreational opportunities. Located in Port Clements, a friendly, small town, midway down Graham Island, on Masset Inlet. This property has it all! It includes a 3 bedroom, 1 bathroom, residence, with kitchen, living room and dining room. Downstairs you will enter into the motel guest space with office, washroom, dining room and fully equipped commercial kitchen. Additionally there is an office, storage room, indoor workshop and a detached garage. Guest rooms of various sizes are in adjacent buildings. Each guest room features its own bathroom and comfortable space to relax after a day of exploring the nearby beaches, forests and communities. This property's mixed use zoning allows for a variety of options, motel, restaurant, short term accommodation, retail and more! Also on Residential see MLS# R2806972 (id:39198)

  • MLS® : #C8053581
  • Date Listed : 11 Aug 2023

Location

Province

British Columbia

City

Port Clements

Address

4 Newcombe Avenue

Postal Code

V0T1R0

Location Highlights

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Listed by

RE/MAX Coast Mountains (PR) British Columbia listing

Category

retail-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

2,262

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

$465,000

Asking Price

$465,000

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.

N/A

Premises Size (square feet)

2,262

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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