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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,000
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
3 storey office building, semi detached located in downtown Barrie close to City Hall, Court House, Registry Office, shopping and waterfront. Conveniently located on Collier St. with excellent exposure. Main Floor features washroom, open spaces and private office with rear exterior access. 4 offices on 2nd floor with washroom. 3rd floor features approx. 672 s.f. apartment w/1 bdrm and 3 pc bath. Lower level partially finished with dry storage and offices. Building includes shared drive to 6 parking spots. Zoning permits many different uses. Tenant pays taxes, utilities, maintenance and insurance. Approx 2000 s.f. Office and 672 s.f. Apartment. Power: Single Phase (id:39198)
Location
Province
Ontario
City
Barrie
Address
103 Collier St
Postal Code
L4M1H2
Location Highlights
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Listed by
ED LOWE LIMITED 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
2,672
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
$999,000
Asking Price
$999,000
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.
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
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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)
2,672
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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