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Land For Sale at 55 Mullen Road in Greater Sudbury, Ontario

4 Sale ID #153957
Updated 06 May 2024

Asking Price

$144,000

Cap Rate help 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

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Building Size

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Premise Summary

Approximately 12 acres of peace and serenity. Outdoor enthusiasts will enjoy everything this property has to offer. Abundance of wildlife, you can hunt on this property. Quiet setting with many trails and easy access to grassy Lake which flows into Vermillion River. (id:39198)

  • MLS® : #2113216
  • Date Listed : 07 Sep 2023

Location

Province

Ontario

City

Greater Sudbury

Address

55 Mullen Road

Postal Code

P0M3E0

Location Highlights

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Listed by

COLDWELL BANKER - CHARLES MARSH REAL ESTATE, BROKERAGE Ontario listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$144,000

Asking Price

$144,000

Cap Rate help 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 help 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 help 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 help 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


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