Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,199,900
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
UNCOVER A WORLD OF POTENTIAL WITH THIS EXPANSIVE PROPERTY, NESTLED ON A GENEROUS SERVICED LOT. BOASTING OVER 2100 SQUARE FEET OF SPACE ON THE MAIN FLOOR, COMPLEMENTED BY A FULL WALK-UP BASEMENT, THIS BUILDING & LAND OFFERS A CANVAS FOR YOUR IMAGINATION. THE PROPERTY HOLDS THE POTENTIAL FOR A TOWNHOME DEVELOPMENT, SENIORS FACILITY, MULTIPLE DETACHED DWELLINGS, SINGLE FAMILY DWELLING OR SEVERING ADDITIONAL BUILDING LOTS AT THE REAR, MAXIMIZING ITS VALUE AND VERSATILITY. PREVIOUSLY OPERATING AS A RESTAURANT AND BAR, IT’S PERFECTLY POSITIONED JUST A BLOCK AWAY FROM THE SERENE WATERS OF GEORGIAN BAY, THE TRANSCANADA TRAIL & LOCAL AMENITIES, OFFERING A UNIQUE BLEND OF BUSINESS AND LEISURE OPPORTUNITIES. DON’T MISS OUT ON THIS OPPORTUNITY - ACT NOW! (id:39198)
Location
Province
Ontario
City
Victoria Harbour
Address
392 William Street
Postal Code
L0K2A0
Location Highlights
N/A
Listed by
Bob Bush Realty Inc., Brokerage Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,100
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$1,199,900
Asking Price
$1,199,900
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.
N/A
NOI
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
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
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,100
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
