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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$5,800,000
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
17000+SF lot in Centretown offers a tremendous opportunity to acquire a large development site in one of Ottawa’s most talked about locations. One block from the 2.6 hectare Booth Street Revitalization project, minutes from Lebreton Flats, steps to Little Italy, Dow’s Lake & the Glebe Annex and walking distance to multiple residential and office complexes. With numerous approved developments, multiple proposed sites, the new Civic Hospital campus and the possible relocation of the Ottawa Senators home, this could be the new hub of the City. Homes being sold "as is, where is" for land value only, as an assembly and cannot be purchased individually. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
269-281 Bell Street S
Postal Code
K1S4J7
Location Highlights
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Listed by
COLDWELL BANKER FIRST OTTAWA REALTY 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
$5,800,000
Asking Price
$5,800,000
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
