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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$440,000
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
ATTENTION ALL SMALL BUSINESS OWNERS AND INVESTORS. CASH FLOW INVESTMENT with over 115K in adds on. If you prefer you can have the current owner stay as a tenant and pay for your mortgage or have monthly cash flow. Or he will leave. This 1,118 SF fully finished, sound proof and fire insulated space can be used for variety of different multi purpose businesses, as a Office, Showroom and Warehouse. This Upper level Unit comes with 12 foot high ceilings, storage area, bathroom, kitchenette and is wheelchair accessible. Comes with 3 personal parking spots. Minutes from HWY # 417 On Off ramps, OC Transpo to door - 3 Parking spaces. Currently used as computer repair shop. 2017 CONSTRUCTION Upper Office Unit . CONDOMINIUM COURT, Unit has 1,118 S.F. W/additional windows. Over 115k in adds on. Has 3 privet parking spots with 148 total parking, street parking permitted, OC Transpo, minutes from Walkley and Hunt Club on ramps to Hwy 417 (id:39198)
Location
Province
Ontario
City
Ottawa
Address
2310 St Laurent Boulevard E Unit#2018
Postal Code
K1G5H9
Location Highlights
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Listed by
ROYAL LEPAGE TEAM REALTY 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
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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
$440,000
Asking Price
$440,000
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)
0
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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