Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,290,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Great Opportunity For End Users/Entrepreneurs Or Investors For A Large Industrial/Manufacturing/Commercial/Storage Building Totaling 38,000 Plus Sq On 6.82 Acres Of Land Located Halfway Through The Beautiful Bruce Peninsula. Multitude Of Uses As Per Existing Zoning And Other Uses Upon Approval. Past Uses Include But Are Not Limited To Tool And Die Manufacturing, Self-Storage Of Automobiles, Trucks, Boats, Watercraft, Etc. The Most Recent Use Was Legal Grow-Op. Tons Of $$$ Spent Over The Last Few Years To Improve/Upgrade The Premise Including But Not Limited To The Hvac System, New Roadside Electricity Pole With Transformer, Electricity System, Cctv System, Creation Of Numerous Rooms, Washroom And Cafeteria ... 2X Road Frontages 3X Gated Entrances 1X Truck Level And 11 Drive-Ins Make This Property An Ideal Place To Store Your Valuable Assets, Large Or Small! VTB Vendor financing possible. **** EXTRAS **** Spaces Are Interconnected But Can Be Separated Into Several Smaller Units For Tenants If Desired. The Property Has Both Commercial/Industrial And Residential Zones, Which Should Allow For At Least One Residential Dwelling If So Desired. (id:39198)
Location
Province
Ontario
City
Northern Bruce Peninsula
Address
607 Little Pike Bay Rd
Postal Code
N0H1W0
Location Highlights
N/A
Listed by
ENVOY CAPITOL REALTY INC. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
38,356
Year Built
N/A
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
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
N/A
Financial Information
Yearly Rate
$1,290,000
Asking Price
$1,290,000
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.
N/A
NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
38,356
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
Save this Listing
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.
