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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
N/A
Building Size
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Premise Summary
Welcome to Moose Creek Mall! This is exciting opportunity for businesses and investors. With approximately 11,716 sqft of retail space, two 2-bedroom apartments, and a fully insulated heated double detached garage, this property offers a range of possibilities.For established businesses looking to expand or relocate, the spacious retail space provides ample room to showcase products and serve customers. The inclusion of apartments on top can also be advantageous for business owners or employees who prefer to live close to their workplace. Investors interested in leasing out the retail space can benefit set the lease amount as it is currently vacantl. Additionally, the prospect of developing the land to the west or even considering severing and selling it in the future adds further value to the property. Overall, the Moose Creek Mall presents an excellent opportunity for those seeking to establish or expand their businesses or for investors looking to generate income from retail space. (id:39198)
Location
Province
Ontario
City
Moose Creek
Address
30 Labrosse Street
Postal Code
K0C1W0
Location Highlights
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Listed by
KELLER WILLIAMS INTEGRITY 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
14,427
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
N/A
Financial Information
Yearly Rate
$799,900
Asking Price
$799,900
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.
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)
14,427
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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