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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
Visualize the potential of this rare 21-acre vacant parcel ideally situated in the heart of the charming and growing village of Marionville. Featuring direct frontage and access from one of the towns main roads, this expansive property offers tremendous upside for future development. Currently zoned DR - Development Reserve Zone. A secondary road allowance on the site presents a unique opportunity for subdivision, with the potential for 1-acre lots. The land is designated Village Residential in the City's Secondary Plan for Marionville, which may support minimum 1acre (0.4 ha) parcels, subject to certain key requirements. Whether you're a builder, investor, or end-user envisioning a private country estate with long-term upside, this is a rare opportunity to secure a significant footprint in a welcoming rural community just 35 minutes from downtown Ottawa. An excellent long-term hold in a setting where growth is already underway. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
Gregoire
Postal Code
K4R1E5
Location Highlights
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Listed by
ENGEL & VOLKERS OTTAWA 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
$799,900
Asking Price
$799,900
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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