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
$779,900
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Great visibility and passing trade from this corner lot on the corner of Kelsey Drive and Edmonds Place. This high profile 1.324 acre site offers great possibilities for a variety of commercial, drive-thru retail, hotel and office uses. The site has a dedicated traffic access lane and is only minutes from the Outer Ring Rd. The neighborhood draws great traffic with the presence of all the big box retailers including Walmart, Home Depot, Canadian Tire, Sobey's, etc. The site is graded and services are installed with street work complete. The rapidly expanding Kenmount Terrace subdivision and adjacent office park on Kelsey Drive add to the allure of the area. The site enjoys a tremendous view out over the Kenmount Valley and up to signal Hill. (id:39198)
Location
Province
Newfoundland & Labrador
City
St. Johns
Address
5 Edmonds Place
Postal Code
A1B0C7
Location Highlights
N/A
Listed by
ROYAL LEPAGE TEAM REALTY Newfoundland & Labrador 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
$779,900
Asking Price
$779,900
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.
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.
