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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$350,000
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
Industrial lot for sale located off District Road 118 in Bracebridge. Total subdivision is over 40AC of industrial serviced lots starting at $350,000 per AC. Individual lots range from 1-8 AC. Lot breakdown can be found within photos. Zoning varies among lots from M1-7 to M1-10. M1 zoning (Business Park Industrial) allows for many different Industrial and Commercial uses. The lots in the Business Park abutting the railway are zoned Business Park Industrial Special – 7 (M1-7). The railway setback requires a building setback of 15 metres from the lot line that abuts the railway. All lots would be subject to Site Plan Control. Bracebridge development charges are currently $0 allowing for financial incentive. See brochure for more information regarding lots, financial incentives and demographics. (id:39198)
Location
Province
Ontario
City
Bracebridge
Address
40 Kirkhill Drive
Postal Code
P1L0A1
Location Highlights
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Listed by
Sutton Group Incentive 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
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
$350,000
Asking Price
$350,000
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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