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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$224,900
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
Nestled on an expansive lot spanning over 1 acre, this exquisite double residential building opportunity is poised in a prime location between the vibrant communities of Brighton and Trenton. The property boasts a perfect fusion of tranquility and accessibility, offering an idyllic retreat within reach of many amenities. As you enter the premises, a sense of serenity comes over you, with mature trees gracing the landscape. The generous lot size provides ample space for creative landscaping, gardens, or even a private oasis. Situated conveniently between Brighton and Trenton, residents will enjoy the best of both worlds - the charming allure of Brighton with its attractions, parks, and local amenities, and the dynamic energy of Trenton, a thriving hub with diverse dining, shopping, and entertainment options. Site plan approval has been completed for this property helping to expedite the process. Potential Buyers are encouraged to speak with the Planning Department of Municipality of the **** EXTRAS **** Quinte West for further information on zoning and intended use. Hydro at lot line. Please use caution when viewing this property as there may be uneven ground. (id:39198)
Location
Province
Ontario
City
Quinte West
Address
16216 Hwy 2 Pt3 & Pt4
Postal Code
K0K1H0
Location Highlights
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Listed by
RE/MAX LAKESHORE REALTY INC. 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
$224,900
Asking Price
$224,900
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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