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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$419,900
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
Business investors, an opportunity to own prime commercial land in a very busy traffic area of Topsail Rd., Mount Pearl, commercial opportunities and business potential are in abundance on this piece of property. The existing home is in great shape has four bedrooms two baths could be ideal for office space, daycare, or spa facility. The passerby traffic for a storefront business would be exponential as there are existing successful businesses operating in the area. The lot size is 335 ‘ deep 100’ wide . This is very valuable commercial land . HST may be applicable to the purchaser. (id:39198)
Location
Province
Newfoundland & Labrador
City
Mount Pearl
Address
1000 Topsail Road
Postal Code
A1N5E5
Location Highlights
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Listed by
EXP REALTY Newfoundland & Labrador listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
0
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
$419,900
Asking Price
$419,900
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)
0
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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