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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$179,000
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
WALK TO ALL AMENITIES AND WATERFRONT, RIGHT ACROSS FROM DOUGALL AVE. PUBLIC SCHOOL, CLOSE TO UNIVERSITY OF WINDSOR AND ST CLAIR COLLEGE (RIVERSIDE DR CAMPUS). RD 2.2 ZONING, 25.16 FT X 2.27 FT X 3.45 FT X 118.71 FT X 28.61 FT X 120.86 FT, 3,444.45 FT² (0.079 AC) LOT, ALLOWS FOR: MULTIPLE DWELLING, EXISTING: DOUBLE DUPLEX DWELLING, DUPLEX DWELLING, SINGLE UNIT DWELLING AND MORE, SUBJECT TO APPROVAL FROM THE MUNICIPALITY. CURRENTLY HAVE AN EXPIRED APPROVAL, THE DRAWINGS AND APPROVAL ARE ATTACHED IN DOC. CURRENT APPROVAL ALLOWS UPPER AND LOWER UNITS EACH CONTAINING 4 BEDROOMS AND 2 BATHROOMS. FOR MORE INSIGHT ON THE ENDLESS POTENTIAL OF THIS PROPERTY AND SITE PLAN, PLEASE CONTACT US TODAY. (id:39198)
Location
Province
Ontario
City
Windsor
Address
304 Elliott Street West
Postal Code
N9A5Z1
Location Highlights
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Listed by
RE/MAX CARE REALTY - 828 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
$179,000
Asking Price
$179,000
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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