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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$439,900
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
This Property is also available foe lease!!! Attention Investors!!! Located in the heart of downtown St. John’s is this 3 Story fully renovated commercial building. As you enter the main floor you will find a reception area 2 piece bathroom , 2 offices along with storage space. A separate stairway to the 2nd level that is comprised of an open space area with a full kitchen , 2 piece bathroom, along with a spacious bright board room over looking water St/ Harbour Front. Make your way to the 3rd floor to find 2 more offices, a large open area that could accommodate cubicles , a third bathroom is also lactated on this level. Each floor has its own fire exit to the back of the building. This building has been completely renovated up to code and has a mini split on each level. It is freshly painted throughout with Modern Decor. (id:39198)
Location
Province
Newfoundland & Labrador
City
St. Johns
Address
130 Water Street
Postal Code
A1C1A8
Location Highlights
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Listed by
RE/MAX AFFILIATES REALTY LTD. Newfoundland & Labrador listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
2,647
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
N/A
Financial Information
Yearly Rate
$439,900
Asking Price
$439,900
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.
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)
2,647
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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