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Suite of tools & services
Benefits
Asking Price
$699,900
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
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)
Location
Province
Ontario
City
Orillia
Address
#103 -21 Matchedash St S
Postal Code
L3V4W4
Location Highlights
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Listed by
KELLER WILLIAMS REALTY CENTRES 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
1,500
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
$699,900
Asking Price
$699,900
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)
1,500
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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