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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,900,000
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
PRIME LOCATION STEPS TO WATERFRONT! INCREDIBLE INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN WINDSOR WITH ROUGHLY 117 FT FRONTING ON UNIVERSITY AVE. W. SITUATED DIRECTLY ACCROSS THE STREET FROM CANADA REVENUE AGENCY, ADJACENT TO WINDSOR INTERNATIONAL AQUATIC CENTER. DIVERSE REVENUE STREAM FROM THE 4 COMMERCIAL UNITS, 2 RESIDENTIAL APTS AND PAY TO USE PARKING LOT. WITH APPROX 12,000 SQ FT AND ZONE COMMERCIAL CD1.3 THIS INVESTMENT PROPERTY OFFERS BOTH ATTRACTIVE CASH FLOW AND DEVELOPMENT POTENTIAL. (id:39198)
Location
Province
Ontario
City
Windsor
Address
474-492 University Ave W
Postal Code
N9A5P8
Location Highlights
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Listed by
JUMP REALTY INC. 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
$3,900,000
Asking Price
$3,900,000
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
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Market Competition
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
