rotate

Rotate your device back to portrait Mode!

Retail Property For Sale at 2266 HIGHWAY 11 N in Gravenhurst, Ontario

4 Sale ID #204745
Updated 01 May 2024

Asking Price

$5,950,000

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

N/A

Building Size

N/A

Premise Summary

known as the GATEWAY TO MUSKOKA. 22.000 Square Foot Retail Building fronting on preferred side of high traffic Highway 11 (North bound lane) just south of Town of Gravenhurst. Direct access from Hwy 11 or from service road (Beaver Ridge Road) at rear of property. Sedore Road overpass directly south of property. Property for sale includes #2266, #2246 & #2242 Hwy #11 for a total of 6.47 acres and 933.7 feet of highway frontage. (id:39198)

  • MLS® : #40477898
  • Date Listed : 05 Sep 2023

Location

Province

Ontario

City

Gravenhurst

Address

2266 Highway 11 N

Postal Code

P1P1R1

Location Highlights

N/A

Listed by

Re/Max Professionals North, Brokerage, Bracebridge 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

22,000

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

$5,950,000

Asking Price

$5,950,000

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)

N/A

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

N/A

Premises Size (square feet)

22,000

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


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors