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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$795,000
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
This is a prime development corner in Famous Wasaga Beach just a few meters from the beach. Application process for a 7 Unit Townhouse development has been initiated with a very positive response from the planning department. It's just a matter of going through the process and the seller will cooperate with the Buyer in that regard. The lot size is 14,488.21 sq ft. This is a great development opportunity in the heart of this leisure lifestyle location. Located steps from the longest sandy freshwater beach in the world. You can't beat the location! It's simply the best for beach lovers, swimmers, sunbathers and boaters. Bring your vision and build where the action is! (id:39198)
Location
Province
Ontario
City
Wasaga Beach
Address
896 Mosley St Street
Postal Code
L9Z2H2
Location Highlights
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Listed by
EXP REALTY, BROKERAGE 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
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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
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
$795,000
Asking Price
$795,000
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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