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Office Building For Sale at #216 -5045 MAINWAY in Burlington, Ontario

4 Sale ID #206470
Updated 29 Apr 2024

Asking Price

$459,900

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

Lot Size

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Building Size

N/A

Premise Summary

The modern and convenient space that your business deserves! New office building with inviting design and ample parking. This fully-finished office space with high ceilings features a boardroom area, separate office, kitchenette and private bathroom. Perfect for medical professional or other business types. On 2nd floor with easy access to elevator and parking, all wheelchair accessible. Great location, highly visible and close to QEW/403/407. **** EXTRAS **** Turnkey, fully finished office in modern building with lots of parking. (id:39198)

  • MLS® : #W8073208
  • Date Listed : 15 Feb 2024

Location

Province

Ontario

City

Burlington

Address

#216 -5045 Mainway

Postal Code

L7L5Z1

Location Highlights

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Listed by

RE/MAX ESCARPMENT REALTY INC. Ontario listing

Category

office-buildings

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

850

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

N/A

Current Owner - years

N/A

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

N/A

Financial Information

Yearly Rate

$459,900

Asking Price

$459,900

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

850

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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