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Office Building For Sale at 393 CODD'S ROAD UNIT#104 in Ottawa, Ontario

4 Sale ID #197229
Updated 06 May 2024

Asking Price

$1,079,990

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.

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Lot Size

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Building Size

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Premise Summary

Exciting opportunity to watch your business grow with 360 Condos in Wateridge by Mattamy. Premium commercial space available (2153 sqft) that offers convenience and variety to the new residents. With over 400 new residential suites sold, 5300 dwellings will be completed in the community when all phases are finished. Ground level condo space available in the prestigious Wateridge community, close to the Ottawa River and just minutes from downtown. See site plan attached for future development in the amazing opportunity. Approved businesses include animal hospital, convenience store, bank, medical facility, recreational and athletic facility, restaurant, retail, and small batch brewery to name a few. See attached brochure for full list of approved businesses. (id:39198)

  • MLS® : #1374254
  • Date Listed : 18 Jan 2024

Location

Province

Ontario

City

Ottawa

Address

393 Codd's Road Unit#104

Postal Code

K1K4Z9

Location Highlights

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Listed by

EXP REALTY 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

0

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

$1,079,990

Asking Price

$1,079,990

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.

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Gross Revenue- annual

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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.

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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

N/A

Market Competition

N/A


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