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Vi Burnside Victoria

$239,000
Commercial Sale

Main Photo:  in Victoria: Vi Burnside Business for sale : MLS®# 950870
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
950870
A great opportunity to acquire a profitable and long-standing custom cabinet business in Victoria. This business has everything in place to continue to operate and the seller can provide transition training. The business has a new 5-year lease in place and the unit is centrally located and well-built out with equipment in place. The nearly 3000 sq ft space benefits from dock level loading, a retail display area with a private office and over 2000 sq ft of workshop space with fully a vented paint spray room. The unit has onsite parking for 3-4 Vehicles. Sellers discretionary earnings of approximately $175,000 make this a profitable business that has tons of room for further growth. NDA is required for further details.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease, Sale of Assets, Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Burnside, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Total Parking Spaces:
4
Business Type:
Industrial
Total Units:
Date Listed:
Jan 11, 2024
Original Price:
239000.0
  • Photo 1:  in Victoria: Vi Burnside Business for sale : MLS®# 950870
    Photo 1 of 1
Listed by Pemberton Holmes - Cloverdale
Data was last updated May 28, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
91
Avg list price:
$1,200,000
Min list price:
$59,000
Max list price:
$10,350,000
Avg days on market:
92
Min days on market:
4
Max days on market:
670
These statistics are generated based on the current listing's property type and located in Victoria. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.