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Retail Property For Sale at 150 ESSA RD in Barrie, Ontario

4 Sale ID #145389
Updated 30 Apr 2024

Asking Price

$2,999,999

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

N/A

Building Size

N/A

Premise Summary

Development Opportunity for up to 12 story -120 unit residential building or possible commercial building. Prime corner location. Re-zoned urban transition as per City of Barrie's new OP and zoning bylaw. Across from mega-use development. Positive pre-consultation completed with City. Possibility to go taller for purpose rental building. Walking distance to GO train, waterfront, parks, church, schools, shopping & HWY 400, public transportation at door front. VTB considered. (id:39198)

  • MLS® : #S6711932
  • Date Listed : 02 Aug 2023

Location

Province

Ontario

City

Barrie

Address

150 Essa Rd

Postal Code

L4N3L1

Location Highlights

N/A

Listed by

HOMELIFE NU-KEY REALTY LTD. Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,000

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$2,999,999

Asking Price

$2,999,999

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)

2,000

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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