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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$159,900
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.
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Lot Size
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Building Size
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Premise Summary
Are you looking for an alternative location for your office needs? Condominium Office Ownership can offer a more affordable and flexible option. Explore the newly released office spaces available at the up and coming Powerlink Development in Saugeen Shores. Construction is well underway and occupancy is expected to take place in the next few months. Unit 113 is located on the ground floor, measures 370 sq ft and has a large window. Powerlink is Port Elgin’s most advanced concept for a modern workspace. This state of the art facility will feature sleek modern finishes, secure access during and after business hours, low operating costs and the ability for networking within a common business centre on the first floor. The highly efficient floor plans and available amenities provide your business the option to utilize additional boardroom space and take advantage of centralized reception located on the first floor. Looking to invest? Buy a unit and rent it out though the in-house rental program - someone else does all the work for you! Don’t miss out on this landmark location with tremendous highway exposure. This unique investment opportunity is situated within Saugeen Shores, close to Bruce Power and surrounding areas of Southwestern Ontario. Partnered with 12 luxury condominiums next door at Powerlink Residences there are Live + Work Opportunities available, perfect for out of town executives. Powerlink is the New Standard of Office Space coming to Port Elgin in 2024. (id:39198)
Location
Province
Ontario
City
Port Elgin
Address
1020 Goderich Street Unit# 113
Postal Code
N0H2C3
Location Highlights
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Listed by
Royal LePage D C Johnston Realty Brokerage Ontario listing
Category
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
370
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
$159,900
Asking Price
$159,900
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.
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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)
370
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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