BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$450,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
RARE VACANT LAND in thriving Essex! CD2.2 zoning with approx. max building envelope of 4,100sqft + west facing patio offers exciting opportunity for so many! Capitalize on the oversized FREE municipal parking out back and the high daily traffic counts. Need more sqft? The adjacent BUILDING is also AVAILABLE for sale adding approx. 3,500sqft (7,600sqft combined). It's a fully updated, open concept commercial unit w/high ceiling schedules, rear ground level loading area, lower storage providing an excellent opportunity for a vast majority of end users. Some of the updates include: 2 HVAC, torch-down roof, electrical, plumbing, LED commercial lighting throughout, flooring, drywall, paint and more! Essex hasn't seen a better value when comparing size, updates, location and price! *Buyer to verify servicing, zoning, restrictions, other. Contact L/S for full details on this unique opportunity! (id:39198)
Location
Province
Ontario
City
Essex
Address
Talbot
Postal Code
N8M1A1
Location Highlights
N/A
Listed by
KELLER WILLIAMS LIFESTYLES REALTY Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$450,000
Asking Price
$450,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
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
Save this Listing