Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,599,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Calling all investors, entrepreneurs & business owners! Time is now to get involved in the developing downtown Windsor core. Zoned CD3.5, this property has been completely transformed by current owner & provides a turn key opportunity for the right buyer. Want to buy a thriving spa business? Here it is! La Vida Spa & Salon is available. Or looking to buy a building or investment and rent back to the existing tenant? Here it is! Upper floors are presently vacant and open to any possibility. Approx 3400sqft on 3 above grade levels plus a finished basement. Property has many potential uses, zoned CD3.5 has multiple offices, board rooms, full kitchen, 6 bath. Parking in front & rear for clients. All located on prime Ouellette Ave, close to all the conveniences, bus routes and prime exposure for your business. This is for the building and business combined. For the business only please look at mls 22025167. Must purchase building and business or building only. (id:39198)
Location
Province
Ontario
City
Windsor
Address
1580 Ouellette
Postal Code
N8X1K7
Location Highlights
N/A
Listed by
MANOR WINDSOR REALTY LTD. - 455 Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
3,450
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
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
N/A
Financial Information
Yearly Rate
$1,599,000
Asking Price
$1,599,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
3,450
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
