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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,000
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
YOUR BUSINESS BELONGS HERE - HIGH-VISIBILITY 2-STOREY COMMERCIAL SPACE IN BARRIE'S INDUSTRIAL HUB! Skip the lease, secure the space- this is your chance to own a 2-storey commercial unit in Barrie's thriving industrial core. With approximately 2,112 sq. ft. of bright, functional space, this unit offers open office space and a small warehouse, along with a kitchenette, washroom, and a grade-level drive-in door (14'10" x 8') that makes loading, deliveries, and shop access a breeze. Zoned GI, it supports a wide range of uses including restaurants, service stores, veterinary clinics, kennels, industrial schools, and more. Whether you're running your own operation or seeking income potential by leasing out part of the space, the flexible layout offers you options. Located between Saunders Road and Mapleview Drive with excellent exposure and easy access to Highway 400, the property also includes two reserved parking spaces, 100-amp service, and professionally managed common areas with maintenance covered through monthly condo fees. Highly accessible and visible, this is a prime opportunity in one of Barrie's busiest industrial corridors. (id:39198)
Location
Province
Ontario
City
Barrie
Address
Welham
Postal Code
L4N0B7
Location Highlights
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Listed by
RE/MAX HALLMARK PEGGY HILL GROUP 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
2,112
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
$599,000
Asking Price
$599,000
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)
2,112
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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