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Mixed-Use Property For Sale at 5014 Serena Drive|Unit #1 in Beamsville, Ontario

updated
4 Sale ID #178977
Updated 29 Apr 2024

Asking Price

$429,000

Cap Rate help 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

Clean, bright commercial unit available in the ever-growing Beamsville. Newer unit constructed in 2020 in the heart of Lincoln is completely finished with accessible washroom, on demand hot water, polished floors, finished walls, and 2 dedicated parking spots steps from the unit. General Commercial Zoning is ideal for a lot of different uses. Thank you for looking! (id:39198)

  • MLS® : #H4179550
  • Date Listed : 08 Nov 2023

Location

Province

Ontario

City

Beamsville

Address

5014 Serena Drive|unit #1

Postal Code

L0R1B0

Location Highlights

N/A

Listed by

Royal LePage Macro Realty Ontario listing

Category

mixed-use-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

830

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$429,000

Asking Price

$429,000

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

830

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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