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Office Building For Sale at #310 -1550 SOUTH GATEWAY RD in Mississauga, Ontario

New
4 Sale ID #229504
Updated 05 May 2024

Asking Price

$290,000

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

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Premise Summary

Outstanding Location Within the Well-Established Dixie Park Centre, A Bustling Plaza in Central Mississauga. Featuring a Food Court on the Main Floor And Abundant Free Parking, This Presents An Excellent Opportunity For Various Professional Offices, Including Medical, Accounting, Legal, Real Estate, Transportation Services And Many More. Situated in a High-Traffic Mall, It Enjoys Proximity To Both Hwy 401 And 403, As Well As Convenient Access To Public Transit. **** EXTRAS **** Ample Free Surface Parking. (id:39198)

  • MLS® : #W8264276
  • Date Listed : 23 Apr 2024

Location

Province

Ontario

City

Mississauga

Address

#310 -1550 South Gateway Rd

Postal Code

L4W5G6

Location Highlights

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Listed by

DREAM MAKER REALTY INC. Ontario listing

Category

office-buildings

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

600

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 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

$290,000

Asking Price

$290,000

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)

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

N/A

Premises Size (square feet)

600

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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