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Retail Property For Sale at #103 -21 MATCHEDASH ST S in Orillia, Ontario

4 Sale ID #216898
Updated 29 Apr 2024

Asking Price

$699,900

Cap Rate help 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.

N/A

Lot Size

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Building Size

N/A

Premise Summary

Matchedash Lofts In Downtown Orillia, Unique Combined Commercial/Residential Unit with Legal Work at Home Lifestyle. Close to All Amenities in This Downtown Business Environment. Beach And 28 Km Of Bike Trails Boutique Shops, Restaurants, Port Of Orillia, Couchiching Beach, Park, And More. Located 1Hr To Gta, 30 Mins To Barrie, And 30 Mins To Muskoka. This Modern Live/Work Industrial-Style Main Floor Unit With Loft In Beautiful Town of Orillia. Unit Has Direct Street Access And An Interior Entry On Both Main Floor & 2nd Floor. The Open-Concept Main Level Has High Ceilings And Large Windows With Solar-Powered Blinds, A Modern Kitchen With Quartz Countertops, an Office Or Bedroom, And Two-Piece Powder Rooms. The Loft Features A Den, An Extra Bedroom, And A Full Bathroom. Parking Spots And A Locker. Upgrades Include Hardwood Flooring Throughout, Solid Core Doors, Contemporary 7-1/2 Inch Trim, Many Upgrades including Kitchen Island & Additional Storage (id:39198)

  • MLS® : #S8157098
  • Date Listed : 20 Mar 2024

Location

Province

Ontario

City

Orillia

Address

#103 -21 Matchedash St S

Postal Code

L3V4W4

Location Highlights

N/A

Listed by

KELLER WILLIAMS REALTY CENTRES Ontario listing

Category

retail-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

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Building Size

1,500

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$699,900

Asking Price

$699,900

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,500

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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