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Land For Sale at 708 MARION ST in Rainy River, Ontario

4 Sale ID #205536
Updated 02 May 2024

Asking Price

$74,900

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.

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Lot Size

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Building Size

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Premise Summary

Looking for country living in Dawson township just outside the outskirts of Rainy River? This 1.4 acre parcel has a 1440 sq. ft. house on it which has been taken down to the studs with a newly built foundation as a starter project home ready to go for you!! There is a septic field and well which isn't hooked up to the home and the buyer will have to verify if they work. Located only blocks away from downtown area of Rainy so come on down and check it out, could be just perfect for you!! (id:39198)

  • MLS® : #TB232043
  • Date Listed : 17 Jul 2023

Location

Province

Ontario

City

Rainy River

Address

708 Marion St

Postal Code

P0W1L0

Location Highlights

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Listed by

RE/MAX NORTHWEST REALTY LTD. 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

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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 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

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Financial Information

Yearly Rate

$74,900

Asking Price

$74,900

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.

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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

N/A


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