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Industrial Property For Sale at 3767 OLD DEXTER Line in Sparta, Ontario

4 Sale ID #218309
Updated 29 Apr 2024

Asking Price

$499,000

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

Located on the south side of Old Dexter Line with 6.4 acres and fronting on Lake Erie. One floor metal sided warehouse built on a concrete slab consisting of 4,488 square feet with a recently completed three piece washroom. Property is zoned OS1 and is classified as Hazard and is regulated by the Kettle Creek Conservation Authority. Zoning will only permit farm related uses. Zoning information and conservation map showing the location of the building available upon request (id:39198)

  • MLS® : #40561022
  • Date Listed : 24 Mar 2024

Location

Province

Ontario

City

Sparta

Address

3767 Old Dexter Line

Postal Code

N0L2H0

Location Highlights

N/A

Listed by

RE/MAX CENTRE CITY REALTY INC., BROKERAGE Ontario listing

Category

industrial-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

4,488

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 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

$499,000

Asking Price

$499,000

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)

4,488

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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