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Industrial Property For Sale at 2 - 31 Bigwin Road in Hamilton, Ontario

4 Sale ID #233096
Archived 05 Jun 2024

Asking Price

$799,900

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

Commercial/Industrial Condo Unit in convenient east mountain location. Offering approx. 2,000 sq ft. Main floor office space + mezzanine office space + open warehousing area with front and back drive in doors. 3 Phase electrical. Washroom. Parking for 3 cars. Overflow parking at back of complex. Terrific opportunity. (id:39198)

  • MLS® : #H4192934
  • Date Listed : 06 May 2024

Location

Province

Ontario

City

Hamilton

Address

2 - 31 Bigwin Road

Postal Code

L8W3R3

Location Highlights

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Listed by

Judy Marsales Real Estate Ltd. Ontario listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,000

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 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

$799,900

Asking Price

$799,900

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)

2,000

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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