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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,400,000
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
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)
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
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
1,824
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
$1,400,000
Asking Price
$1,400,000
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.
N/A
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)
1,824
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
N/A
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