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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,700,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Almost 17,000 square feet of solid brick and block multi tenanted commercial building on a busy downtown corner property. Current self-contained tenants include 3 retail business and 1 office unit. Building has gone through a major update inside and exterior over the last several years. Update roofing system 2020/21, update HVAC furnaces and roof top A/C units. Active leases with staggered renewals. Sound investment opportunity. Inquire. (id:39198)
Location
Province
Ontario
City
Dryden
Address
23/25/27/29 Whyte Ave
Postal Code
P8N1Z2
Location Highlights
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Listed by
SUNSET COUNTRY REALTY INC. Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
16,842
Year Built
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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
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
N/A
Financial Information
Yearly Rate
$1,700,000
Asking Price
$1,700,000
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.
N/A
Premises Size (square feet)
16,842
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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