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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$888,800
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
Priced for Immediate Action. This Beautiful, well cared for Mixed Use Commercial / Residential building is comprised of 1- 1000 sqft commercial unit at $21.65 per ft, 1- 600 sqft- 1 bedroom loft at $1,600 per month, and 1- 400 sqft bachelor unit at $1,400 per month. This property is an absolute must see and is located in the Central Part of Hamilton near Hess Village. High Traffic Location with great exposure, on bus routes close to all amenities. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
250 King St W
Postal Code
L8P1A9
Location Highlights
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Listed by
RE/MAX ESCARPMENT 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
2,000
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
N/A
Financial Information
Yearly Rate
$888,800
Asking Price
$888,800
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)
2,000
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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Why this Marketplace was Created
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