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Suite of tools & services
Benefits
Asking Price
$999,990
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
Rare opportunity to own an amazing building and land in the heart of Bayfield, Ontario. Built in 1870, this great three unit building has many opportunities for the Investor. The one unit has a Brewing Company which would lease back from new owner. Second unit has a thriving LICENSED Restaurant with indoor seating for 62 plus outdoor patio seating for 92 and an upper level two bedroom unit. The building is located on Bayfield Main Street in the historic village on the shores of Lake Huron with approximately 3900 square feet. This landmark has great curb appeal along with the open porch which sets off this well maintained unique opportunity. Located on 81.25 foot frontage with 132 foot depth lot with C4 Zoning. This property includes building and land which offers endless possibilities. Truly a rare find. Do not miss this one! (id:39198)
Location
Province
Ontario
City
Bayfield
Address
14 Main Street North
Postal Code
N0M1G0
Location Highlights
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Listed by
Coldwell Banker Dawnflight Realty (Seaforth) 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
3,907
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
$999,990
Asking Price
$999,990
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)
3,907
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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