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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$129,000
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
Vacant Lot in the village of Shrewsbury. This lot is nearly an acre (0.93 acres) & located close to the free public boat launch at Rondeau Bay with access to Lake Erie. This area renown for fishing, boating, duck hunting, and watersports - a naturalist resort! Buyer to verify all approvals for building, including permits, and any associated development charges, costs and fees associated with building, including municipal water and natural gas. (The neighbouring properties are connected to gas, water and hydro). There is a 20 ft lane/alley on the west side of property which is municipally owned. Historically these alleyways have been purchased to add to existing lots which would enhance the subject property with the extra 20' width. Road access from Metcalfe has 58' then widens out to 104'. See photo of overhead map shows the L shaped lot with approx. 418' depth. (id:39198)
Location
Province
Ontario
City
Shrewsbury
Address
Metcalfe
Postal Code
N0P1A0
Location Highlights
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Listed by
CAMPBELL CHATHAM-KENT REALTY LTD. 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
$129,000
Asking Price
$129,000
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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