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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,999
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
Attention developers! 1.35 acre vacant commercial lot in the Bell Blvd corridor on the West side of Belleville. This property lies directly across the street from Shorelines Casino and Town Place Suites. Bell Blvd has recently undergone widening to 4 lanes and other upgrades. The businesses located on this parcel will be visible to consumers with destinations along Bell Blvd as well as traffic making use of Bell Blvd to access the 401. Services available at lot line. Zoning permits building size up to 29,000sf. (id:39198)
Location
Province
Ontario
City
Belleville
Address
Lot B Jenland Way S
Postal Code
K8P3H9
Location Highlights
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Listed by
CENTURY 21 LANTHORN REAL ESTATE LTD. 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
$849,999
Asking Price
$849,999
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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