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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,900,000
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
6.3 acres with more than 1,000 feet shoreline frontage on Lake Ontario & Port Darlington sheltered inner harbour, includes only waterway channel from Port Darlington Harbour to Lake Ontario. More than 500 feet of dockage. Major built-in boat launch designed to handle boats weighing 50 Tons. Current legal non-conforming uses includes boat building, repair and storage. Subject property leased. Sale of this property must be conditional upon sale of the neighbouring property at 125 Port Darlington Road. See neighbouring property details MLS#E6009564. See Drone Video Link: https://vimeo.com/360947994 **** EXTRAS **** Two Marine Travel Lifts each w/capacity up to 110,000 lbs. available for sale separate from dale of this property. See photos of Marine Travel Lifts. (id:39198)
Location
Province
Ontario
City
Clarington
Address
0 East Beach Rd
Postal Code
L1C3K4
Location Highlights
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Listed by
ROYAL SERVICE REAL ESTATE INC. 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
$2,900,000
Asking Price
$2,900,000
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.
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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
N/A
Market Competition
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