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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$725,000
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
Prime commercial opportunity, strategically positioned near the bustling Red Hill Valley Highway in Hamilton. This 2,000 Sq. Ft. retail condo presents an exceptional investment or business venture in a high-trafiic, sought-after location. Don't miss out on this exceptional opportunity to establish or expand your business in one of Hamilton's prime commercial locations. Whether you are an investor seeking a lucrative venture or an entrepreneur looking for the perfect space to realise your vision, this commercial condo offers unmatched potential and value. Schedule a viewing today to experience the possibilities firsthand and take the next step toward achieving your business goals! **** EXTRAS **** Situated near the Red Hill Valley Highway, this property offers excellent visibility and accessibility, attracting a steady flow of potential customers and ensuring maximum exposure for businesses. M3 zoning allows various activities. (id:39198)
Location
Province
Ontario
City
Hamilton
Address
#10 -1576 Stone Church Rd E
Postal Code
L8W3P9
Location Highlights
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Listed by
CENTURY 21 RED STAR 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
2,000
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
$725,000
Asking Price
$725,000
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)
2,000
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
