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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$349,900
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
Multi-unit building lot in central Kingston with 53.50 feet of frontage by 150 feet of depth, and 8,000 sqft in area. This large property is nicely treed and vacant. The property is zoned residential. Various multi-unit construction ideas are possible. Lots of Parking. WATER and SEWER to the lot line. AVAILABLE for immediate offers and immediate or flexible closing. (id:39198)
Location
Province
Ontario
City
Kingston
Address
264-266 Weller Avenue
Postal Code
K7K2V2
Location Highlights
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Listed by
One Percent Realty Ltd., Brokerage 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
$349,900
Asking Price
$349,900
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.
N/A
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
N/A
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