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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$3,998,000
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
Don't Miss This Rare Opportunity To Acquire An Urban Asset In The Heart Of North York, Toronto. Excellent Street Exposure Directly At The Prime Corner Of Jane Street And Lawrence Avenue. Large 7,000 SF Commercial Building With 5 Bay Doors. Turn Key Property, Perfect For End Users, Business Owners, Automotive Service Centre And Sales, Mechanic Shops, Tire Shops, Car Sales, Auto Dealers And More. Many Permitted Uses! Potential Income/Investment Property. The Site Is Ideal For Building And Land REDEVELOPMENT. The Property Is Also Site Plan Approved For ESSO Gas Service Station And Circle K Convenience Retail Store. **** EXTRAS **** Prime Location, Busy Corner, Excellent Exposure, Income/Investment Property, Redevelopment Opportunity, Ideal For Owner User, Automotive Service Centre, Car Sales, Site Plan Approved For Brand Name ESSO Gas Station & Circle K Convenience. (id:39198)
Location
Province
Ontario
City
Toronto
Address
1683 Jane St
Postal Code
M9N2S3
Location Highlights
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Listed by
ROYAL LEPAGE YOUR COMMUNITY 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
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
$3,998,000
Asking Price
$3,998,000
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
N/A
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.
