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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$179,900
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
New Price to Sell!! Lovely Wooded Lot of Approx. 62.48 Acres {from Tax Bill} of mixed Bush to build your DREAM Home in a Quiet and Friendly Neighbourhood. Lot has the following amenities: 1} Easy year round access Road. 2} Hydro Line near the property. 3} Dug Well 4} Soil supports : Pine , Birch, Poplar Apple tree. 5} Some acreage is cleared near the front of the lot which could be cultivated into a Huge Back yard. 6} Very near a boat launch to the Spanish River for fishing and other water activities. 7} Easy Access by boat to the mouth of the North Channel of Lake Huron and to Lake Huron leading to Manitoulin Island and Southern Ontario and Lake Erie through Detroit Michigan. 8} Back end of the Property could be used for Seasonal Hunting of Wild Life. 9}Whatever Else you can imagine!!! Buyer to verify the taxes for Yr. 2022 and the zoning and zoning permissibility as well as the acreage. (id:39198)
Location
Province
Ontario
City
Massey
Address
1181 River Road N
Postal Code
P0P1P0
Location Highlights
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Listed by
GUARANTEE PERMANENT REALTY LTD., 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
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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
$179,900
Asking Price
$179,900
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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