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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,900
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
NEWLEY RENOVATED COMMERCIAL SPACE IN THE DOWNTOWN WINDSOR CORE BUSINESS AREA (APPROX. 1200 SQ FT) FOR LEASE. AVAILABLE FOR MANY USES, STEPS AWAY FROM THE MAIN STRIP, AROUND THE CORNER TO THE USA/CAN BORDER, NESTLED BETWEEN 700 RESIDENTIAL CONDO UNITS!! PROMINENT SIGN BAND. WITH WEEKEND EVENTS DAY AND NIGHT, YOU HAVE EVERY REASON TO CAPTURE FOOT TRAFFIC ALL YEAR ROUND. OPEN CONCEPT DESIGN, USE THIS AS YOUR BLANK CANVAS TO CREATE SOMETHING THAT WORKS FOR YOU. LOTS OF LONG-TERM COMMERCIAL TENANTS SURROUND THIS SPACE, INCLUDING A PHARMACY, LAW FIRM, COFFEE SHOPS, RESTAURANTS…! EXPLORE THE MANY OPTIONS THIS UNIT CAN DO FOR YOUR BUSINESS. (id:39198)
Location
Province
Ontario
City
Windsor
Address
365 Pelissier Street
Postal Code
N9A4K8
Location Highlights
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Listed by
RE/MAX CARE REALTY - 828 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
0
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
$349,900
Asking Price
$349,900
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)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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