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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$4,999,999
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
Prouder Commercial investment: Highway 11 with Dual Access, Rental Income, and Service Station Opportunity Nestled along Highway 11, this versatile commercial property offers dual access and a steady stream of rental income. With over 45 years of successful operation under the current owner, it presents a prime opportunity for development. From motels and hotels to retail complexes and service stations, this property provides a solid foundation for lucrative ventures. **** EXTRAS **** Allow minimum 48 hours irrevocable on offers. Please don't go direct. Book an appointment through Brokerbay. Buyer and buyer's sales person verify Taxes and all measurement (id:39198)
Location
Province
Ontario
City
Oro medonte
Address
2493 Hwy 11 North
Postal Code
L0L2E0
Location Highlights
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Listed by
ROYAL LEPAGE IGNITE REALTY Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
0
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
N/A
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
N/A
Financial Information
Yearly Rate
$4,999,999
Asking Price
$4,999,999
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)
0
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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