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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
Presenting an exceptional opportunity on Coronation Boulevard, located on the western edge of Kingston before Amherstview. This property boasts over 1,000 feet of road frontage. It is zoned RU (Residential Rural), making it a versatile choice for various potential uses, including the development of a single-family home in a serene setting. With its generous size and strategic location, this land offers a unique opportunity for those looking to realize their vision of country living within city reach. Take advantage of this chance to own 8.2 acres of land ready for your next project. (id:39198)
Location
Province
Ontario
City
Kingston
Address
0 Coronation Boulevard
Postal Code
K7M5P9
Location Highlights
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Listed by
Re/Max Rise Executives, Brokerage 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
0
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
$299,900
Asking Price
$299,900
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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