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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$399,000
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
Prime Opportunity Awaits! Nestled in a high-visibility, bustling commercial area, this exceptional condo unit is a gem waiting to be discovered. Known as ""Paris Lane,"" the vibrant space is poised for new beginnings as the current business requires a larger space. rnSpanning 900 square feet of contemporary allure, this open-concept haven boasts a versatile layout featuring a convenient 2-piece washroom and an expansive office complemented by basement storage. Recently revitalized with fresh paint, updated lighting, and flooring, every corner exudes modern charm and endless potential.rnWhether you envision a chic pharmacy, cozy coffee shop, innovative mortgage company, Massage or Nail Salon or stylish hair salon, the canvas is yours to paint with boundless creativity. Seize this chance to redefine possibilities in this dynamic space where dreams meet reality.rnDon't miss out on this prime commercial opportunity at 3710 Main Street, Niagara Falls. Contact the listing brokerage today to schedule a viewing and explore the endless possibilities this space has to offer. (id:39198)
Location
Province
Ontario
City
Niagara Falls
Address
4 - 3710 Main Street Street
Postal Code
L2G6B1
Location Highlights
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Listed by
Wisdomax Realty LTD 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
900
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
$399,000
Asking Price
$399,000
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)
900
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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