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Land For Sale at 6019 RIDEAU RIVER ROAD in Kemptville, Ontario

4 Sale ID #99167
Updated 29 Apr 2024

Asking Price

$650,000

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

This 0.6acre lot has approximately 240ft of road frontage in the heart of Kemptville. The pie shaped lot is Zoned C5 Business Enterprise (large range of permitted uses) and is surrounded by other commercial business, retail store fronts as well as residential properties at your back door. This property provides an excellent opportunity for developers and investors who want to build in one of the fastest growing towns in Eastern Ontario. Easy access to the 416 and 401 Highways and just a short drive to the city of Ottawa. Bring your ideas and join in on the booming business in Kemptville. (id:39198)

  • MLS® : #1307364
  • Date Listed : 03 Aug 2022

Location

Province

Ontario

City

Kemptville

Address

6019 Rideau River Road

Postal Code

K0G1J0

Location Highlights

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Listed by

ROYAL LEPAGE TEAM REALTY Ontario listing

Category

land

Property Information

Premise Status

N/A

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

N/A

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

$650,000

Asking Price

$650,000

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.

N/A

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.

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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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