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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,900
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
INVESTMENT PROPERTY! MOVE YOUR BUSINESS AND LIVE UPSTAIRS! Endless possibilities with this 4400 total sq ft building with parking in the heart of downtown Watford. What a great Building, what a great location! Two Upper 2 bedroom apartments with great longtime tenants, these units have been updated and well maintained. A longtime Commercial tenant occupies the lower 2400 sq ft. including a vented spray booth. The brick building has a Stucco finished exterior, aluminum replacement windows all in great condition, new hi efficiency furnace and AC unit is to be installed for upper apartments. Low maintenance and income earner right off the start. Do not go direct, please contact the Listing Agent for your personal viewing and additional information. (id:39198)
Location
Province
Ontario
City
Warwick watford
Address
5297 Nauvoo Road
Postal Code
N0M2S0
Location Highlights
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Listed by
GAGNER & ASSOCIATES EXCEL REALTY SERVICES INC. 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
2,350
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
$499,900
Asking Price
$499,900
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)
2,350
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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