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Suite of tools & services
Benefits
Asking Price
$2,449,000
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
This commercial property, once a bustling vegetable processing, freezing, and packaging facility, is a versatile space in Delhi, just off the town's main strip. Covering 22,000 sq. ft. with 8,000 sq. ft. of office space, it's ideal for various uses like food processing, construction shops, or research and development. The land spans 1.4 acres, surrounded by a fenced and gated yard for security and extra space. The building is ready with strong 3-phase power, great for heavy electrical equipment. It has one door at ground level and two truck-level bay doors, making moving things in and out easy. Some old equipment from its processing days is still there and comes with the property. This place stands out with its excellent frontage in Delhi, offering a prime spot for businesses. (id:39198)
Location
Province
Ontario
City
Delhi
Address
50 Argyle Avenue
Postal Code
N4B1J3
Location Highlights
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Listed by
Re/Max Twin City 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
22,000
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
$2,449,000
Asking Price
$2,449,000
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)
22,000
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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