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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$825,000
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
Fantastic opportunity for home or investment in Barrie. Duplex plus 1 bedroom garden suite. Lot is 67.5ft x 165 ft. Potential exists for other opportunities to make improvements on the property or income. Upper unit will be vacating end of April. Pre-list inspection was completed by a 3rd party home inspector and various work done to complete and is available upon an accepted offer. The main floor is a generously sized two bedroom and open concept. Please see comments about the property from the seller based on improvements done as well as income and expenses are available in the photos section for reference. Coin laundry in central common area accessible to tenants only. Plenty of parking for multiple vehicles and RV. Offers flexible closing (id:39198)
Location
Province
Ontario
City
Barrie
Address
72 Campbell Avenue
Postal Code
L4N2T4
Location Highlights
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Listed by
RE/MAX Hallmark Chay Realty 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
2,820
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
$825,000
Asking Price
$825,000
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)
2,820
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
N/A
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