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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$995,000
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
FOR SALE: COMMERCIAL BUILDING - Total of 5,443 SF, 1st floor is 2,643 SF and currently leased, 2nd floor professional office is 2,800 SF, high end finishes, completely furnished and move in ready(furniture negotiable). Located in the heart of the Professional District of Windsor. Adjacent to City of Windsor Parking Garage. Additionally, 2nd floor furnished office space offered for Lease. Call LB for details and showing instructions . (id:39198)
Location
Province
Ontario
City
Windsor
Address
484 Pelissier Street
Postal Code
N9A4K9
Location Highlights
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Listed by
ROYAL LEPAGE BINDER REAL ESTATE - 636 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
5,443
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
$995,000
Asking Price
$995,000
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)
5,443
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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