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Benefits
Asking Price
$675,000
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
Welcome to a prime investment opportunity that awaits its next owner! Centrally located in Barry's Bay, encompassing 3 commercial and 3 residential units, forming an ideal turnkey operation. Included in this offering is an additional vacant lot at the rear of the property, providing opportunities for extra parking or potential future expansion. The main floor commercial spaces boast varying sizes, already occupied by reputable tenants. This guarantees an immediate income stream & a seamless transition for the new owner. The second level accommodates two units, each comprising 2 bedrooms and 1 bathroom, while the lower level offers a cozy 1-bedroom, 1-bathroom layout. Abundant storage options throughout the lower level enhance the practicality and livability of the spaces. Your investment is secured with a solid foundation and economic operation. Enjoy the convenience of being just steps away from all amenities. min 24 hr notice required for showing, 48 hr irrevocable on all offers. (id:39198)
Location
Province
Ontario
City
Barrys Bay
Address
12 Dunn Street
Postal Code
K0J1B0
Location Highlights
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Listed by
EXP REALTY 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
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
$675,000
Asking Price
$675,000
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)
0
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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