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Land For Sale at 2071 QUARRY Road in Coldwater, Ontario

4 Sale ID #208188
Updated 03 May 2024

Asking Price

$899,900

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

Explore The Potential Of Nearly 80 Acres Of Mixed-Use Land With This Unique Property, Which Abuts An Unopened Road Allowance, Paving The Way For Future Development. This Generously Sized, Private Lot, Nestled Just Outside The Quaint Town Of Coldwater, Provides An Idyllic Setting To Build Your Dream Home Or Hobby Farm, With Approximately 60% Of The Land Currently Being Utilized For Personal Hay Production. Adding To Its Appeal ,The Sellers Are Open To Facilitating Your Aspirations By Considering A Vendor Take Back Mortgage. Accessible Via Quarry Rd And Zoned Agricultural, This Lot Is Located Just Minutes Away From Hwy 400, Providing Easy Access To Local Amenities, Parks, Schools, Marinas, And More. Don’t Let This Amazing Opportunity Pass You By! (id:39198)

  • MLS® : #40543693
  • Date Listed : 23 Feb 2024

Location

Province

Ontario

City

Coldwater

Address

2071 Quarry Road

Postal Code

L0K1E0

Location Highlights

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Listed by

Keller Williams Co-Elevation Realty, Brokerage (Midland) 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

N/A

Financial Information

Yearly Rate

$899,900

Asking Price

$899,900

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

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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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