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Office Building For Sale at 105 QUEEN Street E in St. Williams, Ontario

New
4 Sale ID #220871
Updated 28 Apr 2024

Asking Price

$699,000

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

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)

  • MLS® : #40564689
  • Date Listed : 02 Apr 2024

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

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

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 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

$699,000

Asking Price

$699,000

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)

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

N/A

Market Competition

N/A


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