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Land For Sale at 00 GILLAN ROAD in Horton, Ontario

4 Sale ID #195682
Updated 29 Apr 2024

Asking Price

$399,900

Cap Rate help 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

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Building Size

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Premise Summary

Commercial lot located directly on the outskirts of Renfrew near the new Lepine apartments. Easy hwy access, close to all big box stores. C2 zoning provides many opportunities for the investor or developer. Inquire today about all of the possibilities ! Now is the time to buy before the twin lanes expand further. (id:39198)

  • MLS® : #1373781
  • Date Listed : 13 Jan 2024

Location

Province

Ontario

City

Horton

Address

00 Gillan Road

Postal Code

K7V3Z4

Location Highlights

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Listed by

ROYAL LEPAGE TEAM REALTY Ontario listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$399,900

Asking Price

$399,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

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


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