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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$50,000
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. Yates Ave is a designated area for heavy industrial uses with an M-3 zoning which will allow most every industrial use. The street has been fully serviced and ready for development. Excellent opportunity for industrial business as there is very little industrial land in the region and the price per acre is excellent value. List price is $50,000 / acre with up to 51.5 acres available, buyer can determine acreage of parcel desired. (id:39198)
Location
Province
Ontario
City
Sault Ste. Marie
Address
Yates Ave
Postal Code
P6C1G1
Location Highlights
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Listed by
Century 21 Choice 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
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
$50,000
Asking Price
$50,000
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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