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Land For Sale at 165 BARRIE Road in Orillia, Ontario

4 Sale ID #207453
Updated 02 May 2024

Asking Price

$219,000

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

Calling all Builders/Investors! Recently severed building lot in prime, central location - close to hospital, library, park, Rec Centre, downtown, and several other amenities. With the R2i zoning the possibilities are endless - Triplex, Townhouse, there are even some non-residential uses such as Childcare Centre, Retirement home etc.! Located on the bus route with natural gas & water/sewer at lot line. Bring your vision, this lot is ready for it! Survey & zoning/permitted use documents available! (id:39198)

  • MLS® : #40543807
  • Date Listed : 21 Feb 2024

Location

Province

Ontario

City

Orillia

Address

165 Barrie Road

Postal Code

L3V2P6

Location Highlights

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Listed by

Century 21 B.J. Roth Realty Ltd., Brokerage, Orillia - Unit B 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

$219,000

Asking Price

$219,000

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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