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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,100,000
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 developers and builders...here is your chance to own an approximately 1.05-acre building lot in beautiful Morrisburg, Ontario - a historical town located on the St. Lawrence River. Preliminary plans are in place for the construction of a three-storey building with ground floor commercial space and 2 floors of indoor storage. The property is on County Road 2, the main road for those living in the community as well as anyone passing by to its neighbouring communities such as Ingleside and Iroquois. This project will bring much needed modern commercial units and state of the art, temperature-controlled indoor storage facilities to the town and it has been meticulously designed and planned out. Development package includes - Civil Drawing Set, Geo-technical Report, Servicing and SWM Report, Lighting Plan, Noise Assessment Report, Phase One ESA, Storage Plans & Elevation of the Proposed Development, Landscape Plan Sketch, Site Plan Sketch, and Site Plan Control (unsigned). (id:39198)
Location
Province
Ontario
City
Morrisburg
Address
00 County Road 2 Road
Postal Code
K0C1X0
Location Highlights
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Listed by
EXP 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
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
$1,100,000
Asking Price
$1,100,000
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)
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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