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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$324,900
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
Welcome to this one-acre rectangular piece of land located in close proximity to the beach, Centennial Park, and the Friendship Trail just off Silver Bay Rd. Situated on a low-traffic street, this property offers an ideal location for those seeking tranquility and privacy. With its generous size, this parcel presents endless possibilities for building your dream home or vacation retreat. Whether you are looking to create a peaceful oasis or want to take advantage of the nearby outdoor activities, this land provides an exceptional opportunity. Don't miss out on the chance to own a slice of paradise in this sought-after area. (id:39198)
Location
Province
Ontario
City
Port Colborne
Address
N/a Locust St. Street
Postal Code
L3K5V3
Location Highlights
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Listed by
COLDWELL BANKER ADVANTAGE REAL ESTATE 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
$324,900
Asking Price
$324,900
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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