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Land For Sale at 880 ST ISIDORE ROAD in Casselman, Ontario

New
4 Sale ID #221012
Updated 29 Apr 2024

Asking Price

$824,900

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

Fantastic opportunity for investors and developers! Large WATERFRONT 2 plus acre lot with R3 designation zoning. Numerous possibilities and rezoning options, this land is perfectly suited for a medium density residential development project. There are easements in place for water and sewer connections, town is very supportive of development options for this parcel. Enquire about the opportunity to purchase this land together with MLS number 1383785, another prime parcel of development land in Casselman. (id:39198)

  • MLS® : #1383783
  • Date Listed : 01 Apr 2024

Location

Province

Ontario

City

Casselman

Address

880 St Isidore Road

Postal Code

K0A1M0

Location Highlights

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Listed by

EXP REALTY 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

$824,900

Asking Price

$824,900

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

N/A

Market Competition

N/A


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