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Retail Property For Sale at 8921 GRAINGER ROAD in Canal Flats, British Columbia

4 Sale ID #101743
Updated 02 May 2024

Asking Price

$119,000

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

R E D U C E D. 2 separately titled C-1 lots each 33.0 by 100.00; Full Parcel size - 66.0 by 100.0 Ft. Main street DOWNTOWN Canal Flats at the main intersection / 4 corners of the commercial core of the community. With C-1 Zoning offers many business opportunities. ALL beach and boat launch traffic goes right by the front door, and is central for all locals, residents - Canada Post office right across the street. Town owned park space and parking lot located directly adjacent this property to the south. Land and building offered "As Is - Where Is". Be part of the move onward and upward for this rejuvenating Columbia Lake community - w the only public beach park and non-private boat launch on Columbia Lake just minutes drive away. GREAT OPPORTUNITY (id:39198)

  • MLS® : #2466940
  • Date Listed : 16 Aug 2022

Location

Province

British Columbia

City

Canal Flats

Address

8921 Grainger Road

Postal Code

V0B1B0

Location Highlights

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Listed by

MaxWell Rockies Realty 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

0

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

$119,000

Asking Price

$119,000

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)

0

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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