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Retail Property For Sale at 409 BROADWAY STREET W in Nakusp, British Columbia

4 Sale ID #167146
Updated 03 May 2024

Asking Price

$399,000

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

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Building Size

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Premise Summary

Looking for a large commercial space for your business (restaurant, bakery, office, retail??), or perhaps a commercial investment? This ground floor unit is part of a 4 lot strata complex, located on Broadway St., in the downtown core. Over 2500 sq. ft. of space which includes a large commercial/show room space out front with great 'exposure', plus there are storage rooms, bathroom, and plumbing in place for a 2nd bathroom....plenty of room for the possibility of putting in a suite behind the front commercial space - so you can live 'on site' and operate your business. Strata fees are $779.30 per month. Building is currently occupied by the owner....owner may stay as a tenant depending on a negotiated rent with a buyer. (id:39198)

  • MLS® : #2470757
  • Date Listed : 15 May 2023

Location

Province

British Columbia

City

Nakusp

Address

409 Broadway Street W

Postal Code

V0G1R0

Location Highlights

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Listed by

Royal LePage Selkirk Realty 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

2,500

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

$399,000

Asking Price

$399,000

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

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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)

2,500

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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