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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,900
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
Rare opportunity to buy over half an acre of vacant land in an established subdivision! These lovely lots are located in a highly sought-after residential area in the heart of Welland. This family-friendly neighbourhood features easy access to countless amenities and is close to fabulous schools, shopping, parks, playgrounds, trails and is only moments from the scenic Welland River. With no rear neighbours and a mature tree line spanning the rear of the property - this is your chance to make your dreams a reality. Being only a short stroll to the Welland Recreational Canal, which is home to several community events - this location is truly ideal. Enjoy the beautiful scenery while on a stroll to Chippawa Park (which is only a short walk from the property), or drop by the Welland Farmer's Market on Saturday mornings to pick up delicious, locally grown produce. If you're a golfer, this location is also sure to check some boxes, close by is not one - but two golf courses! Picking up an extra round will never be easier. With opportunity written all over it, these lots are sure to catch some eyes - come see all they have to offer. Buyer to do their own due diligence in regards to their future intended use of this property. (id:39198)
Location
Province
Ontario
City
Welland
Address
Colbeck
Postal Code
L3C7B2
Location Highlights
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Listed by
REVEL Realty Inc., 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
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
$299,900
Asking Price
$299,900
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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