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Commercial Plaza For Sale at 64 NICKEL STREET in Port Colborne , Ontario

updated New
4 Sale ID #306834
Updated 09 Dec 2024

Asking Price

$199,900

Cap Rate help 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

Lot Size

N/A

Building Size

N/A

Premise Summary

1969 SQ FT COMMERCIAL BUILDING ZONINIG ALLOWS FOR CONVENIENCE TYPE RETAIL STORES, PERSONALrnSERVICE SHOPS, DAY NURSERY, NEEDS SOME WORK-BEING SOLD 'AS IS' ALL MEASUREMENTS APPROX,rnBUYER TO VERIFY. PLENTY OF ON STREET PARKING. CLOSE TO NICKEL BEACH, CANAL AND THE DOWNTOWN. (id:39198)

  • MLS® : #X9411895
  • Date Listed : 09 Jul 2024

Location

Province

Ontario

City

Port Colborne

Address

64 Nickel Street

Postal Code

L3K1B2

Location Highlights

N/A

Listed by

ROYAL LEPAGE NRC REALTY Ontario listing

Category

retail-properties commercial-plazas

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,969

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$199,900

Asking Price

$199,900

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,969

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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