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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,999,000
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
Introducing this modern commercial property opportunity! This expansive single-storey building spans over 20,020 sq. ft., accompanied by a spacious warehouse, all occupying a generous 5.028-acre plot of land. The building features an 16' X 18' roll-up shop door, along with main power supplied at 600V, 200A, 3 phase, supported by four sub-panels in the warehouse. Notably, an explosion-proof room adds an extra layer of safety. With 1.5 acres dedicated to the building and parking, the remaining land presents additional potential. Great location close to highway access and other commercial amenities. (id:39198)
Location
Province
Ontario
City
St. Catharines
Address
2485 First Street Louth Street
Postal Code
L2R6P7
Location Highlights
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Listed by
REVEL Realty Inc., Brokerage 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
20,020
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
$3,999,000
Asking Price
$3,999,000
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.
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)
20,020
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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