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Land For Sale at PT LT CONC 3 LIMOGES ROAD in Limoges, Ontario

4 Sale ID #154895
Updated 03 May 2024

Asking Price

$3,100,000

Cap Rate help 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

Presenting 18.42 acres of prime commercial land, perfectly situated in the growing town of Limoges! In a location that simply can't be beat, this parcel of land is situated at the steps of the Trans-Canada Highway 417, in a prime location for future commercial development. Zoned CH (highway commercial), offering a broad range of permitted uses. The town of Limoges is part of the extremely progressive township of The Nation. With a rapidly rising population & many new significant residential developments already under way, this parcel of land offers a fantastic opportunity for serious investors & developers. Situated a 20-25 minute drive from Ottawa, +/- 1h30 from Montreal, and +/- 5h from Toronto. 48h irrevocable on all offers. Adjacent lot is also for sale, see MLS #: 1348350 (id:39198)

  • MLS® : #1347338
  • Date Listed : 15 Jun 2023

Location

Province

Ontario

City

Limoges

Address

Pt Lt Conc 3 Limoges Road

Postal Code

K0A2M0

Location Highlights

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Listed by

ROYAL LEPAGE PERFORMANCE REALTY Ontario listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$3,100,000

Asking Price

$3,100,000

Cap Rate help 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.

N/A

NOI help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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