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Industrial Property For Sale at 1509 LAGAN WAY in Ottawa, Ontario

4 Sale ID #217895
Updated 05 May 2024

Asking Price

$925,000

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

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Building Size

N/A

Premise Summary

Currently used as a residence. Oversized lot with tons of potential to build on. The home could be used as an office or rented as residential for extra income. The home features main floor den and living room. Upstairs offers 2 bedrooms and powder room. Its best use is light industrial business. Lot measurements 74.9ft x 309.6ft x 49.9ft x 304.16ft. No reports on file. No survey on file. (id:39198)

  • MLS® : #1382770
  • Date Listed : 22 Mar 2024

Location

Province

Ontario

City

Ottawa

Address

1509 Lagan Way

Postal Code

K1B3S4

Location Highlights

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Listed by

CENTURY 21 SYNERGY REALTY INC Ontario listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

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

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

$925,000

Asking Price

$925,000

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)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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