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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$385,000
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
Welcome to 72 Corktown Lane, the perfect waterfront building lot offering 8.74 acres of natural beauty and endless potential. Tucked just minutes from the historic and highly rated village of Merrickville, this property captures the best of country tranquility and small-town charm. The lot features a barn, bunkie, and shed, all offering great potential for restoration or creative transformation with a bit of TLC. Whether you're dreaming of building your forever home, creating a private getaway, or designing a hobby farm, this property provides a beautiful canvas to bring your vision to life. Enjoy the peaceful setting with direct waterfront access, surrounded by nature, yet only a short drive to larger towns such as Kemptville, Smiths Falls, and Brockville, with easy access to Ottawa via Highway 416. Families will appreciate that this area is served by school bus routes, making it an ideal location for year-round living. With its unbeatable combination of acreage, water frontage, and proximity to one of Canadas most picturesque villages, 72 Corktown Lane is truly a rare opportunity to create something special. (id:39198)
Location
Province
Ontario
City
Merrickville wolford
Address
Corktown
Postal Code
K0G1N0
Location Highlights
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Listed by
REMAX BOARDWALK REALTY 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
$385,000
Asking Price
$385,000
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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