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Endless potential at this Commercial/Residential Property rnrnThe seller of the Property has complete a Limited Phase 1 and Phase 2 Environmental Site Assessment (ESA). As verified within the report there were no signifi
Introducing a prime commercial real estate opportunity! This spacious property boasts a generous floor plan with ample room for vehicle repair, painting, and maintenance. The building features high ceilings, large bay do
Don't miss this exceptional opportunity to own a private hangar at Muskoka Airport, offering the convenience of land ownership with no lease or rental fees. This metal-constructed building is in excellent condition and m
Unlock Endless Possibilities: 20.8 Acres of Prime Institutional and District Commercial Land in Wasaga Beach, formerly home to the Wasaga Stars Arena from 1973 to 2024. This expansive property features a versatile main b
Ocean front property with endless opportunity! Large lot located in the town of Northern Arm overlooking the Bay of Exploits. Currently zoned as Commercial/Residential which would allow for residential apartments, renta
This former church, along with its living space, roughly encompassing 12,000 sq. feet, is ready for new owners. The living quarters, spanning two stories, have been transformed into a rooming house featuring shared bathr
Private Airplane Hangar... On Leased Property, Airside at the Sault Ste. Marie Airport with onsite fuel and direct access to Runway #0420. Main Hangar 60' x 72' x 18' with an attached bay 20.6' x 60' x 16'. Power insulat
Rare Opportunity To Own The Historic Charles Denne Home On Davis Drive, Which Is Less Than 200M From Major Transit Hub. This Is A Fantastic Opportunity To Invest In A Landmark Piece Of Newmarket Real Estate For Your Busi
This commercial property is located in the charming town of Windsor. The town offers a blend of historical significance, natural beauty, and community activities, making it an attractive place for residents and visitors
Stunning character building located in the heart of downtown Moose Jaw with over 1600 sqft of usable space the possibilities of use for this building are endless. With it being zoned C2 you are able to run your business
One of a kind business opportunity to own one of New Brunswick's most popular and prosperous campgrounds. Camping de la Dune offers great-sized campsites with saltwater beaches with a 5 KM stretch of golden sand. The bea
Welcome to The Chef's Estate, where luxury living meets entrepreneurial vision. This is a rare opportunity to indulge in the finest comforts of home while embracing a thriving business venture. Discover the epitome of op
The Highlands is calling! Located down a long, winding, private gravel driveway, you will find this huge, 9 bedroom historical home, built in 1893, in Georgetown Royalty. The 21/2 storey, Queen Anne Revival home situated
Relish the charm and history of this turn of the century building, while embracing the future. Bring your ambitions and creative vision while you tour this impressive opportunity in the heart of downtown Marmora. Ideally
Unlock a piece of downtown London's history with the unique opportunity to own a meticulously renovated historic building, formerly the illustrious Century Theatre and proud recipient of the 2020 London Heritage Awards.
Solid building with 4 lots that could be used for a number of businesses. This property includes lots of parking and is in a great location just off of the #10 highway. Located on the busy end of Queen street and close t
Nestled in the heart of Cut Knife, Saskatchewan, just 50 km from Battleford along Highway 40, this commercial real estate offering is an exceptional find. The property features a spacious 2,406 square foot hall that has
COMMERCIAL AND MORE! Extensively upgraded & meticulously maintained 2 storey 3300 sq.ft building designed for multiple uses. CFIA and FDA approved. Part of the building has been designed professionally as freezer storage
Exciting opportunity awaits with this fantastic commercial property, located on a prime corner lot, in the picturesque seaside town of Lockeport. Featuring two spacious rooms, this could be the ideal setting to launch yo
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If you've been thinking about purchasing a specialty-purpose property, you're surely interested in the pros and cons of these particular investments. There are several key advantages and disadvantages to these unique properties.
The pros include:
As already mentioned, specialty-purpose properties have a primary use rule, which means they usually can't be utilized for anything else besides their original and intended use. That's because the structure of these properties isn't flexible, and the common use of toxic materials makes these properties unfit for many other industries.
If you're worried about your future performance or the competitive real estate market, you can rest assured only specific industries can make use of these unique types of properties.
Thanks to their special purpose space, you can find specialty properties at a fraction of the price of regular vacant land. That means you don't have to prepare large sums of money if you want to invest in a business. Many entrepreneurs and investors make these properties eligible for purchase with the slightest investments or from a personal trust.
According to the current rules in British Columbia and the rest of Canada, specialty-purpose businesses can receive the maximum period for leasing these properties, which allows them to create a permanent establishment for their company.
Moving on to the cons, they are:
Due to their special purpose space, not much can be done with these properties. If a specific property was used for the manufacture or sale of low-hazard special purpose explosives, investors can only work with relevant activities since they're limited with the possibilities of what they can do with the space.
From permanent establishment to supplies of property to agreement of purchase, a lot goes into investing in a specialty-purpose property. Unlike other real properties, these properties come with special rules you must respect in a given period of time, limiting your commercial activity. These rules usually relate to excise duties and excise taxes.
Now that you know more about specialty-purpose properties, let's check out some examples of taxable purchases.
An oil or petroleum refinery is a particular type of plant where crude oil is refined into other useful products, such as petrol, diesel fuel, kerosene, asphalt base, heating oil, and petroleum naphtha.
Due to the potential chemical exposure, oil refineries must be located on specialty-purpose properties. Nevertheless, an oil refinery is a highly profitable business since crude oil is one of the zero-rated supplies. That exempts oil refineries from business taxes.
Waste facilities are responsible for managing waste, recycling, and all the other relevant activities. These facilities are usually a part of municipal property. However, these facilities are sometimes purchased by other companies or investors, which generates an active business income.
Some industries are working with more hazardous materials than others, which requires them to use specialty-purpose properties. That's commonly the case when it comes to manufacturing. For instance, producing sound recording, video, photographic, or testing equipment can require companies to locate their businesses on a specialty-purpose property.
FindBusinesses4Sale can help you find the best specialty-purpose properties currently for sale in British Columbia and other provinces of Canada. Whether you want to invest in a property for working with zero-rated supplies or you're ready to earn taxable capital through taxable sales, here you'll find everything you've been looking for.
Using our online services, you can browse a selection of top specialty-purpose properties for sale in Canada every calendar month. Pair that with quick method calculation or any other tax calculation technique, and you can ensure you're investing in the right property.
Selecting the right location when buying a business is absolutely crucial. You can utilize large business listings platforms like Find Businesses 4 Sale, with thousands of business listings covering the whole country, to find a business in a location that works for you.
You can filter your search by provinces or specific cities you’re interested in. At the same time, it’s easy to filter business listings by business type, price, structure, and other important details. This is the easiest way to see your options in some areas quickly.
You can also use this platform to reach out to sellers directly and complete the transaction with insurance.
The first thing you need to consider is the business plan behind the specialty-purpose property. You have to consider all relevant factors when buying this type of property because you will have additional steps in the future that will secure income.
Consider things like proximity and accessibility to important institutions, infrastructure, potential customers, etc. Check if the property is compatible with your business plan, future needs, and current industry requirements.
Apart from the initial investment, you should also ask the owner about operational expenses, utilities, rent, etc.
When buying a commercial property, research your market thoroughly to understand whether there’s potential with that kind of property. At the same time, this will allow you to compare this commercial property with other similar locations to understand its fair market value.
Gather important information about local special-purpose properties, growth potential, location, and other features. Talk to the seller about their motivations, and talk to a business broker to help you negotiate.
Discovering the best deals on Specialty Purpose Properties in Canada requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Specialty Purpose Property at 837 MEMORIAL AVENUE , Specialty Purpose Property at 72 BOWES STREET and Specialty Purpose Property at 1 - 1253 GRAVENHURST PARKWAY .
The average price of Specialty Purpose Properties in Canada is influenced by various factors. On average, prices range from $1,286,958. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Specialty Purpose Properties in Canada on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Specialty Purpose Property at 837 MEMORIAL AVENUE , Specialty Purpose Property at 72 BOWES STREET and Specialty Purpose Property at 1 - 1253 GRAVENHURST PARKWAY . .
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Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
