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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$999,900
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
Great Freestanding Office Building with C5 Zoning allowing for many commercial uses! Downtown location minutes away from Hwy 7/8 and 401! Awesome layout for multiple offices with kitchen area on the 2nd floor - can be easily closed off to accommodate separate upper/lower offices. Accessible from main level or rear staircase. 3 bathrooms - one on each level. Consider looking into operating your business on the main floor & investment income from the upper level. Don't let this opportunity pass you by....check this one out today! Additional offices with lots of light and great storage in the basement. Additional parking can be rented from neighbouring church for a reasonable price. (id:39198)
Location
Province
Ontario
City
Kitchener
Address
1334 King Street E
Postal Code
N2G2N7
Location Highlights
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Listed by
RE/MAX TWIN CITY REALTY INC. 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
2,179
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
$999,900
Asking Price
$999,900
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)
2,179
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
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