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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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
Looking for a property that can do it all? Look no further! This commercial and residential zoned building, sitting on over an acre of land, offers endless possibilities. With over 8000 sq ft of space, it features multiple areas including an office, show room, and a residential unit. You'll also find three 30x90 bays, 14+ foot ceilings, and 3 phase 220 amp service (totaling 660 amp). The recently updated metal roofs add to its appeal. If you can dream it, you can do it! Come by and explore the limitless potential (id:39198)
Location
Province
Ontario
City
St. Williams
Address
105 Queen Street E
Postal Code
N0E1P0
Location Highlights
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Listed by
RE/MAX ERIE SHORES REALTY INC. 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
8,400
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
$699,000
Asking Price
$699,000
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)
8,400
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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