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Retail Property For Sale at 1475 Highway 69 N in Val Caron, Ontario

4 Sale ID #178794
Updated 30 Apr 2024

Asking Price

$1,500,000

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.

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Lot Size

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Building Size

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Premise Summary

Lots of room! Approximately 4 acres of land, zoned M1, having 2 separate buildings that are both currently heated. One building has 2362 square feet and the other has 2784 square feet of office and warehouse space. The frontage on Highway 69N is 456 square feet. Lots of room to build on the property. (id:39198)

  • MLS® : #2114218
  • Date Listed : 08 Nov 2023

Location

Province

Ontario

City

Val Caron

Address

1475 Highway 69 N

Postal Code

P3N1M7

Location Highlights

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Listed by

RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY) 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

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 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

$1,500,000

Asking Price

$1,500,000

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.

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Gross Revenue- annual

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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)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

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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