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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,000
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
What a rare and exciting opportunity to own a massive 70-acre lot in a prime location at the north end of Ash Street in Kapuskasingright at the edge of a peaceful residential area. Zoned rural, this versatile property offers incredible flexibility for future development. Whether you envision building your dream home tucked within town limits or embarking on a larger-scale project, this property gives you the space and zoning to bring your vision to life. The land is mostly cleared with sections of standing timber, offering a balance of open space and natural beauty. Outdoor enthusiasts will love the locationjust steps from the cross-country ski club and with the snowmobile trail running just north of the property. You'll also enjoy being within walking distance to the hospital, mall, and grocery store, making this a truly unique blend of seclusion and convenience. With endless possibilities in such a desirable and strategic location, this is a one-of-a-kind investment waiting for the right buyer. (id:39198)
Location
Province
Ontario
City
Kapuskasing
Address
Ash Pcl 1170
Postal Code
P5N2E1
Location Highlights
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Listed by
RE/MAX CROWN REALTY (1989) INC 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
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
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
$249,000
Asking Price
$249,000
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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