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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$670,000
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
Auto garage industrial warehouse building with interior office space on a large 0.485 acre lot. One hoist currently installed. The building is 2,108 square feet inclusive of the warehouse area, offices and dry storage. Additional storage area in a second level crawl space above the offices. Located in the heart of Carleton Place with commercial zoning which permits a wide variety of uses. A list of numerous improvements have been completed under current ownership. Use the building for an auto repair, or car detailing facility, or another use requiring a warehouse and lots of parking. The office can be used in its current configuration, or remove some interior walls to open up more warehouse space. One bay door at the front of the building and a second bay door at the back of the building offer drive-in and drive-out capability. High traffic, urban area offers great visibility and access. Baseboard heating in the office area and forced-air gas heat in the warehouse. An excellent long-term mixed-use or multifamily development site. Vacant possession. (id:39198)
Location
Province
Ontario
City
Carleton Place
Address
Townline
Postal Code
K7C2C5
Location Highlights
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Listed by
ROYAL LEPAGE INTEGRITY 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
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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
$670,000
Asking Price
$670,000
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)
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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