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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,638,000
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
Thornbury Development Property, located in a high traffic location in a rapidly developing area with new residential development in addition to commercial service & retail to support community development. Located at the intersection of Landsdown St N and Highway 26, fronting on Highway 26, Landsdowne St N and the Georgian Trail, this property is designated in the Official Plan as Downtown Area supporting commercial with complimentary residential development within the Thornbury community. Commercial re-development would provide for access from Landsdowne Street North. Property with some Hazard zoning will require site development and zoning change to allow for onsite re-development. Located across from Foodland and LCBO and future Blue Meadows residential and commercial development, this site offers many possibilities. (id:39198)
Location
Province
Ontario
City
Thornbury
Address
126 Arthur Street W
Postal Code
N0H2P0
Location Highlights
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Listed by
Royal LePage Locations North (Collingwood Unit B) 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
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
$1,638,000
Asking Price
$1,638,000
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
N/A
Market Competition
N/A
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