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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$335,000
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
City of Sault Ste. Marie industrial land for sale. This parcel of the city's industrial land inventory has over 830 feet frontage on Wallace Terrace. Land is ready for development. Excellent opportunity for industrial business as there is very llittle industrial land in the region and the price per acre is excellent value. This proposed parcel has convenient access off Wallace Terrace and offers some attractive visibility. Total parcel is over 6.69 acres. (id:39198)
Location
Province
Ontario
City
Sault Ste. Marie
Address
Parcel 1 Wallace Ter
Postal Code
P6C1G1
Location Highlights
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Listed by
Century 21 Choice Realty Inc. Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
$335,000
Asking Price
$335,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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