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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$560,500
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
You're going to be ""soho"" excited for this one. Welcome to SOHO at Howard and Cabana! Here's your chance to OWN in one of the most exciting developments in South Windsor. Zoned CD 2.2 which makes it is perfect for office/medical, salon/barber shop, boutique retail, health studio, and more! This 1,121 square foot unit is primed and ready for you to make it your own. 78 luxury residential units on site and ideally located on a high traffic stretch of Howard. Dedicated commercial parking available (25 spots). This is an opportunity to own one of the only commercial condo units in Windsor! Condo fees estimated at $0.22/ft and include water. Units can be combines for more space. Call today! (id:39198)
Location
Province
Ontario
City
Windsor
Address
3817 Howard Avenue Unit# 4a
Postal Code
N9E3N8
Location Highlights
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Listed by
RE/MAX PREFERRED REALTY LTD. - 585 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
1,121
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
$560,500
Asking Price
$560,500
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)
1,121
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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