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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.
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Lot Size
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Building Size
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Premise Summary
The property is comprised of 5 rental units (main floor) and a separate partially finished lower level. 80% Occupancy with 4 out of 5 Units Tenanted. Potential to develop lower level. Mixed Use Building - Permitted business use includes (but not limited to): an Antique Shop, Flea Market, Art Gallery, Hotel, Artist’s Studio, Micro-Brewery, Museum, Bank/Financial Institution, Bakery, Office, Personal Service Establishment, Catering Establishment, Private Club, Clinic, Recreation Establishment, Convenience Store, Restaurant, Day Nursery, Retail Store, Dry Cleaning and Laundry Establishment, School, Shopping Centre, Tavern, Equipment Repair, Tourism Lodging Establishment, Equipment Sales/Rental, Domestic Veterinarian Establishment, Farmers' Market and more! Comprehensive list available on request. ONLY 7 minutes from Highway 417. Exit 58 (along Highway 138 towards Cornwall). (id:39198)
Location
Province
Ontario
City
Moose Creek
Address
54 Labrosse Street
Postal Code
K0C1W0
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY GROUP 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
0
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
$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.
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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)
0
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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