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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,999
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
+/- 1,154 sf Commercial Retail/House space, plus +/- 639 sf basement. Additional +/-788 sf of Workshop with DI door, on 0.27 acre. Corner lot with great exposure (Main St in Town) and High Traffic. Located in the growing community of Caledonia. ML (Light Zoning) allows for various Industrial and Commercial permitted uses. Many residential developments nearby. Taxes not yet assessed. **** EXTRAS **** Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment. (id:39198)
Location
Province
Ontario
City
Haldimand
Address
1 Alabastine Ave
Postal Code
N3W1K9
Location Highlights
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Listed by
D. W. GOULD REALTY ADVISORS 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
1,154
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
$849,999
Asking Price
$849,999
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)
1,154
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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