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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$39,900
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
To quote Mark Twain “Buy land. They aren’t making it anymore.” This a rare opportunity to own a piece of historic, centre city St John’s. An approved, flat, city building lot which could be your blank canvas upon which you can build your dream home, with a view of The Narrows. Amazing investment opportunity which could be perfect for an owner occupied home, a profitable rental or an amazing air B&B. Take advantage of all that the centre city has to offer. Schools, parks, restaurants, grocery stores, bakeries, art galleries and more. No need to even own a car as most everything you need is easy walking distance! (id:39198)
Location
Province
Newfoundland & Labrador
City
St.johns
Address
38 Spencer Street
Postal Code
A1C4H2
Location Highlights
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Listed by
CENTURY 21 SYNERGY REALTY INC. Newfoundland & Labrador 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
$39,900
Asking Price
$39,900
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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