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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$324,900
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
Looking to build your own home in 2023? Welcome to 281 Niagara Street in the heart of beautiful Welland, ON. Conveniently located with all the amenities, surrounded by schools, library, shopping, YMCA, Welland Flat Works and the Farmers Market. This lot is approximately 31 x 165 feet and is zoned R2. Laterals for the service of the Lot, Water and Sanitary have been installed. Buyer will be responsible for Hydro and Gas to service site. Buyer to carry out due diligence investigations on the overall viability of the property, the zoning, the ability to obtain a building permit and all other related matters for the purpose of the construction of any and all dwellings on the property. Vendor would consider holding a VTB for a qualified purchaser. (id:39198)
Location
Province
Ontario
City
Welland
Address
281 Niagara Street
Postal Code
L3C1K5
Location Highlights
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Listed by
RE/MAX GARDEN CITY REALTY INC, 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
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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
$324,900
Asking Price
$324,900
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)
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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