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Suite of tools & services
Benefits
Asking Price
$3,600,000
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
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Building Size
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Premise Summary
Located in the West Royalty Business Park is 16 McCarville. This 18,000 s/f building certainly stands out with its cosmetic appeal in an Industrial setting. The building has been retrofitted with new steel siding, new sealed roof, and landscapping. The new 42 kw solar system installed will save thousands of dollars in energy costs each year. Recently completed new addition of 120'x50' warehouse with 2000 s/f mezzanine and 22' in height and three overhead doors providing ample storage. 12,000 s/f of office space on two floors with 26 private offices, boardroom, training room with a welcoming reception area. No concerns about parking for staff or clients with brand new base and sealed parking lot equipped for over 40 parking spaces. Public transit stop conviently located out front as well. (id:39198)
Location
Province
Prince Edward Island
City
Charlottetown
Address
16 Mccarville
Postal Code
C1E2A6
Location Highlights
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Listed by
HOMELIFE P.E.I. REALTY INC. Prince Edward Island listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
18,000
Year Built
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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
$3,600,000
Asking Price
$3,600,000
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.
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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.
N/A
Premises Size (square feet)
18,000
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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