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Retail Property For Sale at #111 -2060 LAKESHORE RD in Burlington, Ontario

4 Sale ID #177557
Updated 27 Apr 2024

Asking Price

$582,400

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

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Premise Summary

Ground Floor Retail Unit Located in the prestigious Bridgewater Residences. Fantastic Pedestrian Traffic in an unmatched lake front location steps to the water and the core. 728 Square feet in shell condition. Located in an area with increasing density and tremendous upside potential. Direct exposure to the Pearle Hotel & Spa and Isabelle Restaurant's waterfront patio. (id:39198)

  • MLS® : #W7273238
  • Date Listed : 02 Nov 2023

Location

Province

Ontario

City

Burlington

Address

#111 -2060 Lakeshore Rd

Postal Code

L7R1A3

Location Highlights

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Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD. Ontario listing

Category

retail-properties

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

728

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 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

$582,400

Asking Price

$582,400

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)

728

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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