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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$850,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Incredible opportunity to acquire a high-exposure commercial property with two successful, turn-key businesses included. Situated on a prominent city corner lot with excellent visibility and traffic exposure, this well-maintained property features over 3,000 sq ft of building space on a generous 9,435 sq ft lot, zoned C3—ideal for a wide range of commercial uses. The site includes a secured rear compound/storage area, offering valuable outdoor workspace or storage rarely available in city settings. The property is home to two established businesses with loyal client bases. The first is a respected glass replacement business with over 25 years of continuous operation, known for quality service and a strong reputation in the community. The second is a thriving sign and graphic shop with a proven track record of delivering creative solutions for local and regional clients. Both operations are fully functional and offer a seamless transition for a new owner, whether you're an entrepreneur looking to step into profitable enterprises or an investor seeking stable cash flow. This turn-key opportunity boasts excellent frontage, ample signage potential, and unbeatable exposure. The location provides easy access to surrounding commercial districts and major routes, drawing both drive-by and destination traffic. With the flexibility of C3 zoning, the site supports continued operation of the existing businesses or future redevelopment to suit a wide array of commercial ventures. Don't miss your chance to secure a rare investment opportunity that combines real estate ownership with established income-producing assets in a strategic, high-demand location. (id:39198)
Location
Province
British Columbia
City
Port Alberni
Address
10th
Postal Code
V9Y4X4
Location Highlights
N/A
Listed by
Royal LePage Parksville-Qualicum Beach Realty (PK) British Columbia listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
3,024
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
$850,000
Asking Price
$850,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,024
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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