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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$165,000
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
Investors take note...this building is located in an ideal location for both commercial and residential use. With over 65 feet of store frontage and high visibility, this building currently has one long term commercial tenant on the main level, and is ready for at least 1 more. Upstairs has the potential for 2 additional residential units, while the main level offers a large storge/garage area. Live in one of the units and be mortgage free! With over 7000 square feet of space, the opportunities are endless. (id:39198)
Location
Province
New Brunswick
City
Minto
Address
87 Main Street
Postal Code
E4B3R8
Location Highlights
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Listed by
Keller Williams Capital Realty New Brunswick 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
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
$165,000
Asking Price
$165,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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