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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$550,000
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
COMMERCIAL AND RESIDENTIAL BUILDING IN PERFECT CONDITION. THIS BUILDING COMPLETELY MADE OF BRICKS, 6 PARKING SPACES. THE COMMERCIAL PREMISES IS 2400 sq. ft. PLUS THE BASEMENT WHICH IS USED FOR STORAGE. IT IS USED UNDER A LEASE FOR CUSTOMER SERVICE OFFICES, WE FIND 9 OFFICE SPACES, 3 HALF-BATHROOMS AND A KITCHEN AREA. ON THE SECOND FLOOR, WE FIND 3 RENOVATED RESIDENTIAL ACCOMMODATIONS WITH BALCONIES. GREAT BRIGHTNESS DUE TO THE LARGE WINDOWS. ASPHALT SHINGLE ROOF FROM 2016. ELECTRIC AND HOT WATER HEATING. GREAT BUSINESS OPPORTUNITY AS WELL AS RECEIVE REVENUE! WELCOME INVESTORS!! (id:39198)
Location
Province
New Brunswick
City
Edmundston
Address
59 Queen Street
Postal Code
E3V1A4
Location Highlights
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Listed by
KELLER WILLIAMS CAPITAL REALTY (Edmundston) New Brunswick 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
$550,000
Asking Price
$550,000
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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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
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Market Competition
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Why this Marketplace was Created
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