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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
Amazing opportunity, Build your custom Home here! This 3.86 acres with 2 driveways. Overlooking the old Welland canal and walking trail. 780 feet of frontage. Building permit available and can be confirmed with the city of Welland. Just shy of 4 acres this lot is perfect for someone looking to build a home and room for large shop or parking of equipment for the self employed contractor or trucker. This is the definition of country in the city and located at the end of Colborne street and backing onto field. Private location and a rare find. (id:39198)
Location
Province
Ontario
City
Welland
Address
260 Colborne Street
Postal Code
L3B3P1
Location Highlights
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Listed by
REVEL REALTY 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
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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
$599,900
Asking Price
$599,900
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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