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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,000,000
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
Attention investors, here is a well maintained 6 unit plaza ideal to add to your portfolio. Remodeled 10 years ago. Comprised of professional offices and retail space. Fully rented. Building is centrally located in downtown St. Catharines and provides the perfect opportunity for investors and entrepreneurs alike. The Commercial units fronts onto Welland Avenue, providing great exposure directly across the street from Midtown commercial plaza. Highly visible, high traffic area. On a bus route. Ample parking on site for tenants, employees and customers. Property is a must see, book your private viewing today! (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
109 Welland Avenue
Postal Code
L2R2N4
Location Highlights
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Listed by
ROYAL LEPAGE NRC 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
6,650
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
$2,000,000
Asking Price
$2,000,000
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)
6,650
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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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.
