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Retail Property For Sale at 315 METCALFE ST in Tweed, Ontario

New
4 Sale ID #222332
Updated 03 May 2024

Asking Price

$389,900

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

Vacant and ready for your business. (3000 sq. ft. building) Operated as a successful auto parts retailer, now your choice on this commercial location in the town of Tweed, north of Belleville. Owner would consider financing assistance with rate and term to be determined. (id:39198)

  • MLS® : #X8205818
  • Date Listed : 05 Apr 2024

Location

Province

Ontario

City

Tweed

Address

315 Metcalfe St

Postal Code

K0K3J0

Location Highlights

N/A

Listed by

ROYAL LEPAGE PROALLIANCE REALTY 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

3,000

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

$389,900

Asking Price

$389,900

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)

3,000

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


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