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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
So much potential! This vacant 3 unit apartment building offers spacious units including 2 two bedroom units and one 3 bedroom unit. With a fair amount of TLC, all of the charm and character in this century building will really stand out! Each unit has their own hydro meter, gas meter and hot water tanks. The building sits on a large lot with some beautiful mature trees! It also overlooks the Nation River, but the bonus is the 2-car detached garage that sits on a 50' x 44' lot along the waterfront. Located in the heart of Chesterville - walking distance to all of the shopping and restaurants in the village. 45 minutes to Ottawa or 35 minutes to Cornwall. Call today for your own private viewing. (id:39198)
Location
Province
Ontario
City
Chesterville
Address
78 Mill Street
Postal Code
K0C1H0
Location Highlights
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Listed by
ROYAL LEPAGE TEAM REALTY 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
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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
$299,900
Asking Price
$299,900
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)
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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