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Office Building For Sale at 101 COLDWATER Road W in Coldwater, Ontario

4 Sale ID #179259
Updated 04 May 2024

Asking Price

$950,000

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.

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Lot Size

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Building Size

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Premise Summary

This exceptional investment opportunity is located in Coldwater and features both land and a building for sale, currently occupied by a long-term tenant under a lease agreement. The primary structure boasts over 6,500 square feet of space, including a spacious showroom, four offices, a reception area, a mezzanine, three shop bays equipped with 10' overhead doors, two washrooms, and a staff area. Additionally, the property includes over 19,000 square feet of covered storage buildings, as well as a 2,500+ square foot garage, all situated within a fully fenced yard. There is ample space for outdoor storage, along with some paved parking. The property offers 400 feet of frontage and encompasses a total of 3.21 acres. Utilities on the property include a well and septic system. (id:39198)

  • MLS® : #40507281
  • Date Listed : 09 Nov 2023

Location

Province

Ontario

City

Coldwater

Address

101 Coldwater Road W

Postal Code

L0K1E0

Location Highlights

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Listed by

RE/MAX Right Move Brokerage Ontario listing

Category

office-buildings

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

6,768

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 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

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Financial Information

Yearly Rate

$950,000

Asking Price

$950,000

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.

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Gross Revenue- annual

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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)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

6,768

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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