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Suite of tools & services
Benefits
Asking Price
$499,500
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
Looking for a COMMERCIAL / INDUSTRIAL LAND with buildings? This 37-acre commercial property is located near Earlton along Highway 11 North, northwest of Temiskaming Shores and southeast of Kirkland Lake. The property has frontage of 548 feet along Highway 11 North with an entrance at the north end of the property. Railway line runs on the East side of the property. The subject property is improved with a one storey industrial building (8985 S/Q) and an office building (400 S/Q). The industrial building is used as a concrete manufacturing plant with different heights (15’ & 33’). The business will be closing by the summer. All buildings and land are for sale. Some equipment and machinery can be purchased separately. (id:39198)
Location
Province
Ontario
City
Earlton
Address
332407 Highway 11 N
Postal Code
P0J1E0
Location Highlights
N/A
Listed by
ROYAL LEPAGE BEST CHOICE REALTY LTD., BROKERAGE (NEW LISKEARD) Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
N/A
Tenancy
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Lot Size
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Available Space
N/A
Building Size
9,385
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
$499,500
Asking Price
$499,500
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
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)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
9,385
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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