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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,800,000
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
Landmark mixed-use building for sale in Beechwood Village! Perfect opportunity for a business owner to own and occupy their place of business while living in or collecting rental income from two second floor apartments. Servicing Ottawa’s Rockcliffe Park, Lindenlea, and Vanier neighborhoods and steps from hundreds of new residential units along Beechwood Avenue. Diligently maintained property comes with complete restaurant fixtures and is licensed for 57 indoor seats, plus the option for an additional 58 seats on the second-floor outdoor patio. Walk-in freezer and ample storage space in basement. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
14 Marier Avenue
Postal Code
K1L5S5
Location Highlights
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Listed by
CAPITAL COMMERCIAL INVESTMENT CORP. 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
3,025
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
$1,800,000
Asking Price
$1,800,000
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)
3,025
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
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