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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,794,888
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
This is an incredible opportunity to own an amazing piece of land that could be the perfect location for your business operations. This 17-acre lot is located right off highway 401 at exit 750 and Hwy 31 (Bank St). It has an amazing location with great visibility, making it the perfect spot for investors and developers alike. Highway Commercial zoning allows for various permitted uses, giving you the flexibility to customize the land to your needs. The area is growing and this property provides an excellent opportunity to capitalize on that growth. Please contact the listing agent for financing options. (id:39198)
Location
Province
Ontario
City
Morrisburg
Address
5210 Highway 31 Road
Postal Code
K0C1X0
Location Highlights
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Listed by
EXIT REALTY MATRIX 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
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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
$2,794,888
Asking Price
$2,794,888
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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