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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,750,000
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.
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Lot Size
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Building Size
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Premise Summary
Exceptional Commercial Opportunity - Prime Location on 8.4 Acres Discover the limitless potential of this expansive 50x100 commercial building, perfectly positioned on 8.4 acres of prime real estate. An impressive feature of this property is the expansive and level gravel parking lot, designed for the ease of your clientele and staff. Security is paramount here, as evidenced by the 10-foot-high security fence that encloses 6.7 acres of this vast parcel. This secure perimeter is complemented by a state-of-the-art security system, complete with strategically placed cameras, access keypads, and perimeter lighting, providing peace of mind for your business operations. The building itself is tailored for versatility and accessibility. With a wheelchair-accessible washroom, you're ensuring an inclusive environment for all. A dedicated full office area adds convenience and functionality to your daily operations. Moreover, the property boasts a robust electrical infrastructure, featuring 3-phase 550-amp electrical service. This property presents an array of possibilities, making it a prime choice for diverse businesses. Whether you're in the trucking industry, greenhouse cultivation, marijuana production, or require a secure lot for a bonding company, this location can accommodate your specific needs. Strategically positioned just 2.5 kilometers from the bustling Highway 401, accessibility is a breeze. The property is zoned M2 industrial, offering flexibility for a range of manufacturing ventures. Vendor Take Back (VTB) financing available, providing you with additional flexibility to secure your business's future in a dynamic and versatile space. Seize this rare opportunity to secure your business's future in a dynamic and versatile space. (id:39198)
Location
Province
Ontario
City
Napanee
Address
291 Kimmetts Side Road
Postal Code
K7R3L2
Location Highlights
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Listed by
K B Realty Inc., 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
5,000
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
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
$2,750,000
Asking Price
$2,750,000
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.
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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)
5,000
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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