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Retail Property For Sale at 1722 LAKESHORE RD W in Mississauga, Ontario

New
4 Sale ID #229838
Updated 05 May 2024

Asking Price

$1,400,000

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

Lot Size

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Building Size

N/A

Premise Summary

Great investment opportunity on a high traffic street in Clarkson Village. This offering includes a commercial retail on the main floor with signage plus a basement as well as separate residential unit on the second floor. The residential unit has two separate entrances and is separately metered. The retail space has a large pylon sign on Lakeshore - the only unit of it's kind in this complex and hard to come by. There is ample parking out front and parking at the rear of the building. There is also a garden/lawn area at the rear ideal for the residential space. The entire space is vacant. This is a freehold investment. (id:39198)

  • MLS® : #W8267790
  • Date Listed : 24 Apr 2024

Location

Province

Ontario

City

Mississauga

Address

1722 Lakeshore Rd W

Postal Code

L5J1J5

Location Highlights

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Listed by

ROYAL LEPAGE REAL ESTATE SERVICES REGAN REAL ESTATE 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

N/A

Available Space

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Building Size

1,824

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

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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

$1,400,000

Asking Price

$1,400,000

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.

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)

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

N/A

Premises Size (square feet)

1,824

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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