Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,990,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Residential development site in the heart of north end St. Catharines. This desireable 1 acre site is zoned and approved for 11 storey, 124 unit building with up to 10,000sf commercial area, with the potential to expand. Site offers a favorable site specific zoning, with great density and freedom of design, that can be taken into Site Plan Approval. Currently has two single family houses and one duplex that are income producing. Ideally located near the corner of Carlton and Niagara St., within sight of Lester B. Pearson Park and Kiwanis Aquatics Centre, well served by public transit, schools, library etc. providing quick access to the QEW. Great walkability with easy access to grocery, retail and food service being positioned between three commercial areas of Fairview Mall, Scott and Vine, and Welland Ave. Desirable area with an established history of successful condo projects. (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
397-403 Carlton Street
Postal Code
L2M4W7
Location Highlights
N/A
Listed by
ROYAL LEPAGE NRC REALTY Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$4,990,000
Asking Price
$4,990,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
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.
