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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$749,000
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
An exceptional opportunity to own a rare 1598 sq. ft. industrial condominium unit in a highly sought-after Burlington location. This recently renovated space offers a clean, modern, and versatile layout, making it an ideal choice for industrial Mechanic Use , or specialized production use. The property benefits from GE-1 zoning, which supports a broad range of permitted uses, providing flexibility for future business growth or diversification. Strategically situated with convenient access to major highways, public transportation, and essential amenities, this unit ensures ease of connectivity for both employees and clients. Two dedicated parking spaces are included for added convenience. An excellent opportunity for industrial & Commercial businesses. (id:39198)
Location
Province
Ontario
City
Burlington
Address
Pioneer
Postal Code
L7M1K5
Location Highlights
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Listed by
RE/MAX REALTY SERVICES 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
1,598
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
$749,000
Asking Price
$749,000
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)
1,598
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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