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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,998,900
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
A Remarkable Opportunity To Develop An Exceptional Commercial/Residentially Zoned Property Or Land Hold In The Heart Of Port Whitby. Currently Zoned R4C. This Property Has One Of The Best Locations In Whitby. Minutes Away From Go-Station, Public Transit, Close To Highways And Lake Ontario. This Property Currently Has A Great, Fully Livable 2-Storey 3Bed/3Bath Home That Can Also Have An Attractive Rental Income As You Plan For Future Development. **** EXTRAS **** The Area Is Developing With Tremendous Future Growth Opportunities. Now Is Your Chance. Sit Back And Watch Your Value Grow! (id:39198)
Location
Province
Ontario
City
Whitby
Address
1721 Brock St S
Postal Code
L1N4M7
Location Highlights
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Listed by
CENTURY 21 LEADING EDGE 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
13,939
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
$2,998,900
Asking Price
$2,998,900
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)
13,939
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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