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Suite of tools & services
Benefits
Asking Price
$995,000
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
Location, location, location! This C8 Zoning (General Commercial Zone) mixed-use standalone building sits on bus and GO Transit routes, offering convenience and accessibility. The main floor boasts a commercial retail space spanning 2,594 square feet, with an unfinished partial basement area ideal for storage. The second storey, measuring 1,196 square feet, contains a 3-bedroom residential apartment and a bachelor apartment. With C8 Zoning this property generates great cash flow, totaling $7500 a month plus utilities. It's conveniently located within walking distance to the downtown core, Wilfrid Laurier University, Conestoga College, the casino, and Harmony Square. Additionally, the building provides 6 parking spots located at the rear of the building with access from the side street. (id:39198)
Location
Province
Ontario
City
Brantford
Address
409 Colborne Street
Postal Code
N3S3N5
Location Highlights
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Listed by
Pay It Forward 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
3,790
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
$995,000
Asking Price
$995,000
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)
3,790
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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