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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$259,000
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
Country building lot! Close to a one acre parcel (208 feet by 198 feet) on the edge of Messiah's Corners with wide-open countryside views to the southeast. The land slopes away from the road providing a wonderful opportunity for a custom designed house with a walk out basement, plenty of windows and elevated decks. Hydro is located at the road, buyer to be responsible for installing septic well and for all building permit/developmental charges. Only a short drive to the lakeside community of Port Rowan, the sandy beaches of Long Point, and boating and kayaking opportunities on Long Point Bay and along Big Creek. Lots of wildlife viewing opportunities in the area with Big Creek National Wildlife Area and the Long Point Biosphere Reserve located close by. If you're thinking about building a dream home, this property is worth considering. (id:39198)
Location
Province
Ontario
City
Port Rowan
Address
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Postal Code
N0E1M0
Location Highlights
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Listed by
PEAK PENINSULA REALTY BROKERAGE INC. 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
$259,000
Asking Price
$259,000
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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