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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$684,900
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
AMAZING 2 UNIT DWELLING CLOSE TO DOWNTOWN, PUBLIC TRANSIT AND ALL AMENITIES. WOULD MAKE A GREAT RENTAL OR LIVE IN WITH A GRANNY FLAT. MAIN HOUSE IS HUGE. 5 BEDROOM 2 BATHROOM. LOWER UNIT GRANNY FLAT IS A TWO BEDROOM 1 BATHROOM WITH SEPERATE ENTRANCE. NEWER UPGRADES INCLUDE FURNACE 2017, A/C 2017, ROOF 2017, SHED, 2017, FENCE 2017, REMOVED SKYLIGHTS 2017, NEW COUNTER TOPS 2023. TONS OF PARKING. LARGE LOT. LARGE MASTER WITH CHEATER ENSUITE. TERRACE BALCONY OFF MASTER. SO MANY OPTIONS WITH THIS ONE. LIVE IN ONE UNIT RENT THE OTHER. USE AS A FULL RENTAL PROPERTY. GREAT PROPERTY FOR THE MONEY. A MUST SEE FOR SURE. (id:39198)
Location
Province
Ontario
City
London
Address
35 Oliver Street
Postal Code
N5Z2E7
Location Highlights
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Listed by
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE Ontario listing
Category
Property Information
Premise Status
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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
2,838
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
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Financial Information
Yearly Rate
$684,900
Asking Price
$684,900
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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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)
2,838
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
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.
