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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$307,000
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.
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Lot Size
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Building Size
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Premise Summary
Looking for a small commercial space with potential for a small residential suite at the back? This property might work perfectly! The front commercial area (approx. 550 sq. ft.) has a front, level entry off Broadway St. There are 2 offices, 2 pce bathroom, and a front area. Heating is electric baseboard, and wall heaters. At the back of the building is a separate entry/bathroom with shower/stackable washer and dryer, and bedroom area (approx. 200 sq. ft. total). Heating/cooling is a heat pump. May be possible to add on out back or incorporate a portion of the front space and make this a cute little suite to live in and operate your business out front. The C1 zoning allows for a dwelling unit to coincide with a commercial business, and also short term rental pursuant to the village bylaws (verification, and terms would have to be approved by the local municipality). Lot size is 25 ft. x 115 ft. GST is applicable on the purchase price. (id:39198)
Location
Province
British Columbia
City
Nakusp
Address
412 Broadway Street W
Postal Code
V0G1R0
Location Highlights
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Listed by
Royal LePage Selkirk 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
775
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
$307,000
Asking Price
$307,000
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.
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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)
775
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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