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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$397,000
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
Excellent opportunity to own your own condo unit in this Prime Niagara Falls location and well known busy medical building right across from the Greater Niagara General Hospital. This 1362 sq ft lower level unit has recently been opened up with a 2 pce bath to be utilized to your own specifications. Be among other medical/ dental users in this professional building presently being tenanted by a pharmacy, lab, orthodontist, numerous physicians and more. Complete with plenty of on-site parking & close to public transportation. Located close to QEW and Highway 420. Condo fees include all utilities. Medical/dental uses only. Would be a perfect space for a imaging/xray clinic. (id:39198)
Location
Province
Ontario
City
Niagara Falls
Address
2a - 5400 Portage Road
Postal Code
L2G5X7
Location Highlights
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Listed by
ROYAL LEPAGE NRC 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
1,362
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
$397,000
Asking Price
$397,000
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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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)
1,362
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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