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Land For Sale at 1180 PERTH 139 Road in Perth South, Ontario

New
4 Sale ID #227647
Updated 02 May 2024

Asking Price

$499,900

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.

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Lot Size

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Building Size

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Premise Summary

Opportunity awaits with this 4.45 acre lot conveniently located on the paved Rd 139 in Perth South. Located just North of the Prospect Hill Camp Ground, only 10 minutes from St. Marys and 15 minutes from London. This parcel has 403 foot frontage x 550 foot depth has been rezoned to Agriculture. This property would make the perfect place to build your dream home and shop. Farm uses including farm Residential and secondary farm occupation. Permitted uses such as a Bed & Breakfast, A Kennel and much more. This is a real bonus to have this zoning in place and ready to go. (id:39198)

  • MLS® : #40400396
  • Date Listed : 16 Apr 2023

Location

Province

Ontario

City

Perth South

Address

1180 Perth 139 Road

Postal Code

N0M1V0

Location Highlights

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Listed by

Coldwell Banker Dawnflight Realty (Seaforth) Brokerage 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

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Financial Information

Yearly Rate

$499,900

Asking Price

$499,900

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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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