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Land For Sale at 795 FIFTH AVENUE Avenue in Port Mcnicoll, Ontario

4 Sale ID #208185
Updated 02 May 2024

Asking Price

$949,000

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.

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Lot Size

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Building Size

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Premise Summary

12 unit Stacked Townhouse Development lot in Port McNicoll. This property presents an opportunity for potential buyers looking to invest in a beautiful community bordering Georgian Bay. The Seller is selling with a completed site plan approval, which will be provided prior to closing, offering a streamlined process for interested parties. The property has municipal services and utilities at the lot line, making it a highly attractive prospect for development. With site plan, renderings, and survey available, buyers can envision the potential of this land and plan their future project with confidence. Don't miss your opportunity!!! (id:39198)

  • MLS® : #40544853
  • Date Listed : 23 Feb 2024

Location

Province

Ontario

City

Port Mcnicoll

Address

795 Fifth Avenue Avenue

Postal Code

L0K1R0

Location Highlights

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Listed by

Team Hawke Realty, 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

$949,000

Asking Price

$949,000

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

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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