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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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.
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Lot Size
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Building Size
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Premise Summary
Outstanding Office Opportunity With Excellent Exposure In The Heart Of Waterdown. Consisting Of 1,049 Square Feet And Built In 2019 This Space Is Built-Out With 3 Offices, 2 Updated Washrooms And A Kitchenette With No Details Overlooked. The Kitchenette Is Finished With Ceramic Backsplash And Includes A Fridge, Dishwasher And Microwave. High Durability Laminate Flooring. Dundas Frontage Helps Enhance Your Customer Base And Added Insulation Eliminates The Noise From The Street. Large Front Window Allowing For An Abundance Of Natural Light With Transom Windows In Two Offices. Led Lighting Throughout With Dimmers. Two Entrances To The Unit. Additional 1,049 Square Feet Low Height (Under 6') Basement For Storage Opportunity. **** EXTRAS **** Designated Commercial Parking Within The Complex. Additional Insulation Added Between The Offices To Allow For Privacy. Shower In One Of The Washrooms. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
#6 -219 Dundas St E
Postal Code
L8B1V9
Location Highlights
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Listed by
SUTTON GROUP QUANTUM 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
1,049
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
N/A
Financial Information
Yearly Rate
$799,900
Asking Price
$799,900
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.
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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)
1,049
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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