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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$57,500
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
Looking for a large building lot in Larder Lake! The lot is 100' x 99' at the corner of Commissioner Street and Fifth Avenue. (Former site of the Fire Hall) Water and Sewer at the properties edge and old foundation has been removed from the property. New Water Service - Basic Connection $2,686.00 plus actual cost. New Sewer Service - Basic Connection is the Actual Cost. Buyers is responsible for all sellers cost related to the sale of this property as per Construction needs to be completed within 24 months of closing. By-law 1816-20 Buyer responsible for Sellers cost including but not limited to legal fees, realtor fees, survey, appraisal fees, encumbrances, advertising, improvements, environmental testing/remediation, demolition, due diligence, research, administrative fees, land transfer and registration fees. Estimated Cost is $2,000.00. (id:39198)
Location
Province
Ontario
City
Larder Lake
Address
59 Commissioner St
Postal Code
P0J1H0
Location Highlights
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Listed by
HUFF REALTY LTD. 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
$57,500
Asking Price
$57,500
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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