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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,799,999
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
Unique 3.89-acre mixed-use property offering exceptional income and business potential. Includes two large mechanic shops (approx. 2,100–2,800 sq ft), a full-brick 3 bed, 2 bath home currently rented at $2,000/month, and a massive vacant lot with gravel surface—room to park up to 50 semi-trucks. Zoned CR-3, allowing a variety of permitted uses including trucking operations, equipment sales, and repair facilities. Minutes from Belle River, Hwy 401, and under 50km to the U.S. border. Rare opportunity to own land, buildings, and income—all in one location. Total building size approx. 7,700 sq ft. 200/100 amp power, 3 bay doors, hoists, and municipal water. Buyer to verify zoning and permitted uses. (id:39198)
Location
Province
Ontario
City
Lakeshore
Address
County Rd 2
Postal Code
N0R1A0
Location Highlights
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Listed by
REMAX CARE REALTY 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
$1,799,999
Asking Price
$1,799,999
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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