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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,025,000
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
PRICE ON LISTING IS FOR ALL 3LOTS. BUY 1 OR BUY TRHEM ALL. Offering three lots on Main Street Stittsville. This residential part of Main street is not far from all the shopping Stittsville has to offer. Stittsville is booming and you can build your own version of home sweet home, OR let us build for you. Each lot will be 33.33 feet wide with a depth of 183.00 feet most of which is flat with a slope at the end. Approval from the committee of adjustments is already obtained. Meeting the conditions is the next phase which is under way. We expect to get severance within the next six months. The home size could be as big as 2700 sq. ft. each with potential for secondary dwelling in basement. LOTS ONLY FOR SALE NO ACCESS TO HOME AS THERE IS A TENANT All Offers Must be Conditional as we are in t he process of severance. New Pin Numbers will be issued once severance is complete. (id:39198)
Location
Province
Ontario
City
Stittsville
Address
1680-1678-1676 Stittsville Main Street
Postal Code
K2S1P5
Location Highlights
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Listed by
RE/MAX HALLMARK REALTY GROUP 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
$1,025,000
Asking Price
$1,025,000
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
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Market Competition
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