Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$729,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
This is the oldest Baptist Congregation in Upper and Lower Canada. Located at 15 Lamport Street, it is a former church with endless potential. It was The Good Bread Company - Bakery & Cafe with the Richard's Hall upstairs - where it has hosted beautiful weddings, celebrations of life, showers of all kinds, family parties, art exhibitions, gift shows and movie nights. There has been a lot of improvements to this property- installing a handicapped Lift (accommodates wheelchair plus 2 persons). Accessible washroom, Automatic handicapped Access. Water supply there is a newly dug deep well, new stacked septic bed to accommodate 200 people. On main level newly poured floor and flooring, an electrical panel to accommodate the equipment. Designed for flexibility of use: bakery, deli, cafe, pub, residential, office use. Plumbing, electrical all placed with flexibility and the List is endless - please ask for it. This building offers endless possibilities, and it is a rare opportunity. We invite you to come and explore all that this unique space has to offer and the potential it holds. (id:39198)
Location
Province
Ontario
City
Vittoria
Address
15 Lamport Street
Postal Code
N0E1W0
Location Highlights
N/A
Listed by
COLDWELL BANKER ACTION PLUS REALTY BROKERAGE Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
6,466
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$729,000
Asking Price
$729,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
6,466
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
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.
