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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,590,000
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 Fabulous Commercial Building Could Be Yours! Located In The Picturesque Down Town Cambridge, Just Across The City Hall, This Former Esl Home With C1Rm1 Zoning Is Perfect For Professionals Such As Lawyers, Doctors, Insurance Broker Or A Financial Planner To Mention A Few. This Two-Story Building With Finished Basement Boast 8,000 Square Foot Each Floor And Plus Basement To Make Total 24,000 Square Foot Living Spaces (8,000 Square Foot Basement Included). The Whole 2nd Floor, Basement And Partial Ground Floor Were Renovated Recently With Top-Notch Interior Including All New Wall With New Sound-Proofed Insulation, High-End Engineer Flooring, Led Lights, Fashionable Wall & Floor Titles Etc. The University Of Waterloo, Architecture Campus, The Grand River, Walking Trails, Restaurants, Libraries, Cafes, Churches, Groceries, Farmer's Market, Bus Terminals, Parks And Live Theatre Are Just Minutes From This Great Location. (id:39198)
Location
Province
Ontario
City
Cambridge
Address
55 Dickson St
Postal Code
N1R7V5
Location Highlights
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Listed by
HOMELIFE LANDMARK REALTY INC. 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
24,000
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
$3,590,000
Asking Price
$3,590,000
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)
24,000
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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