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Retail Property For Sale at 44768 YALE ROAD in Chilliwack, British Columbia

4 Sale ID #146288
Updated 02 May 2024

Asking Price

$7,599,000

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

The Ultimate location for your business, very Hard to find, well maintained commercial/industrial building, prime Yale rd west location backing onto the freeway providing maximum visibility for your business. This building has flexible CSM zoning allowing many uses. The flexible and practical layout has large well appointed, attractive showroom, 7 offices, 2 bathrooms, 3 phase power, warehouse/storage and large mezzanine with rear outside fenced storage area. The ultimate high traffic high visibility location for your business Success. The adjoining next door property 44758 Yale Rd is also available for sale MLS # C8056423. (id:39198)

  • MLS® : #C8053533
  • Date Listed : 02 Aug 2023

Location

Province

British Columbia

City

Chilliwack

Address

44768 Yale Road

Postal Code

V2R0G5

Location Highlights

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Listed by

RE/MAX Nyda Realty Inc. 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

13,942

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

$7,599,000

Asking Price

$7,599,000

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

N/A

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.

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Premises Size (square feet)

13,942

Other Information

Owner willing to Finance

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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