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Industrial Property For Sale at 365 PELISSIER STREET in Windsor, Ontario

New
4 Sale ID #228940
Updated 06 May 2024

Asking Price

$349,900

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.

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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)

  • MLS® : #24008359
  • Date Listed : 22 Apr 2024

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

industrial-properties

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 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

$349,900

Asking Price

$349,900

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.

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Gross Revenue- annual

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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)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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