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Industrial Property For Sale at 332407 Highway 11 N in Earlton, Ontario

updated
4 Sale ID #167540
Updated 06 May 2024

Asking Price

$499,500

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

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)

  • MLS® : #TM230237
  • Date Listed : 20 Feb 2023

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

industrial-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

9,385

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 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

$499,500

Asking Price

$499,500

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)

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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