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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,000
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
Here's your opportunity to resurrect one of the oldest buildings in Nakusp - built in about 1900 this building has seen many business enterprises through the years, included retail stores, and restaurants. Great space for a restaurant with perhaps small living space above, or a retail business, or perhaps just a home. The main floor is approx. 1800 sq. ft, with kitchen space, open front and side area, two 2-pce bathrooms, electrical room and storage. Upstairs is currently used as a sleeping area, an office space, laundry, full bath and storage. The building needs work but has lots of potential .... great location in the heart of downtown Nakusp. 60' x 115' level lot 1/2 block off main street. (id:39198)
Location
Province
British Columbia
City
Nakusp
Address
93 5th Avenue Nw
Postal Code
V0G1R0
Location Highlights
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Listed by
Royal LePage Selkirk Realty British Columbia listing
Category
Property Information
Premise Status
LEASED Premises
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
1,800
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
N/A
Financial Information
Yearly Rate
$349,000
Asking Price
$349,000
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.
N/A
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)
1,800
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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