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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$624,900
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Downtown Madoc investment property consisting of a 6500 sq ft commercial storefront and a 3 bedroom apartment. Solid concrete construction, 3 phase 200 amp hydro service. Owner will sign a 5 year lease for the commercial space at a rental rate of $3,500/month plus utilities. Vacant possession of the apartment on closing. Separate hydro meters. (id:39198)
Location
Province
Ontario
City
Madoc
Address
42 Durham St
Postal Code
K0K2C0
Location Highlights
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Listed by
ROYAL LEPAGE PROALLIANCE REALTY Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
N/A
Building Size
7,250
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
$624,900
Asking Price
$624,900
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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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)
7,250
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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