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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$674,900
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
A wonderful opportunity to own a large piece of commercial property has arrived to the market. Situated in the centre core of Brockville, on slightly under ½ acre of land, this building offers over 5,000 square feet of commercial / retail potential. The set up of this building consists of two units currently. The “south unit” offers office space, storage, washroom, two 10 ft. bay doors, 3 phase power, a loft area that was previously used as an apartment (with fire escape), but now is office space. The “north unit” is currently leased and offers two bays on either side, a large retail area, and a back workshop area. This is a solid cinder block construction. There is a steel roof on the north portion, membrane on the south portion. This is the BUILDING only that is for sale!! High visibility on this street, ample parking around the building. There are many possibilities for the usages of this building. (id:39198)
Location
Province
Ontario
City
Brockville
Address
180 Perth Street
Postal Code
K6V5E5
Location Highlights
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Listed by
ROYAL LEPAGE PROALLIANCE 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
5,040
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
$674,900
Asking Price
$674,900
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)
5,040
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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