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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$949,000
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
***Great Opportunity To Buy Commercial Property *** Located In The Wallaceburg. Industrial Park 4 Acre Land With 7000 Square Feet Building Lots Of Potential. Easily Accessible And Very High Traffic Location. 35 Minutes From The 402 And Two Major Border Crossings Within 1.5 Hours. This Property Is Giving Ample Excess Land For Storage And Development. Building Is An Open Span Ready To Be Used As A Warehouse Or You Can Divide It To Suit Your Needs. **** EXTRAS **** **** 600 Amp Available In Building .The M1 Zoning Allows For Numerous Potential Uses. This Is A Very Versatile Property. Book A Tour Of The Site Today! (id:39198)
Location
Province
Ontario
City
Chatham kent
Address
14 Arnold St
Postal Code
N8A3P4
Location Highlights
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Listed by
CENTURY 21 PEOPLE'S CHOICE 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
7,000
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
$949,000
Asking Price
$949,000
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)
7,000
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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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
