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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$359,000
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 Retail Space In The Heart Of Waterloo. Extremely Close Proximity To Both Wilfrid Laurier University & The University Of Waterloo. Steps To The University Ave!! Exciting Opportunity To Invest In A Newer Mixed Use Condo Building. Unit Features Include Floor To Ceiling Windows, High Ceilings & Vanilla Shell Direct Street Exposure. Would Suit Many Uses Both Retail And Professional. One parking spot included. Sold ""As-is"" because the tenant is still occupying the unit. Unit 105 and 106 are connected and the owners consider selling both units together or separately. **** EXTRAS **** Currently renting to a barbershop until 2029 Feb 29th together with Unit 106 for 5798.56/m gross rent. The base rent is 38/sqft, TMI is 28.56. (id:39198)
Location
Province
Ontario
City
Waterloo
Address
#105 -250 Albert St
Postal Code
N2L3T6
Location Highlights
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Listed by
REAL ONE 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
476
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
$359,000
Asking Price
$359,000
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)
476
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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