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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$219,000
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
Discover the perfect canvas for your dream home in the heart of Fort Erie, Ontario. This vacant lot, boasting an expansive size of 120x120 feet presents an excellent opportunity to design and construct the home you've always envisioned. With services conveniently available at the lot line, including water, electricity, and gas, your building process is made easy and efficient. Located in a thriving community renowned for its tranquil surroundings and close-knit atmosphere, this property provides the ideal setting for a comfortable and fulfilling lifestyle. Enjoy the convenience of nearby amenities, schools, parks, and recreational facilities, ensuring both convenience and leisure are always within reach. (id:39198)
Location
Province
Ontario
City
Fort Erie
Address
1718 Pound Rd N
Postal Code
L2A5M4
Location Highlights
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Listed by
RE/MAX NIAGARA REALTY LTD. 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
$219,000
Asking Price
$219,000
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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