BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,099,900
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Discover a captivating 3-bedroom, 4-bathroom home spanning 2900 square feet, blending residential comfort with commercial potential. Nestled within a charming century-old property, this enchanting space invites you into a romantic oasis. Step into the spacious kitchen equipped with a chef's expertise, an entrepreneur's dream, or utilize it for a family home. The building is complemented by a license to host 90 guests across indoor and outdoor dining areas. Besides this commercial charm, find a delightful 3-bedroom, 2-bathroom apartment upstairs, perfect for luxury living or leasing out. Enjoy the convenience of five private parking spaces and abundant street parking. Amazing opportunity in quite but growing town. (id:39198)
Location
Province
Ontario
City
North Perth
Address
390 Main St W
Postal Code
N4W1A5
Location Highlights
N/A
Listed by
RE/MAX REAL ESTATE CENTRE INC. Ontario listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
2,900
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 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
$1,099,900
Asking Price
$1,099,900
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
2,900
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
Save this Listing