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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$324,900
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
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Building Size
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Premise Summary
Unique historic opportunity! Here is a chance to own a piece of history. This church sits on 2/3 of an acre lot in the hamlet of Peniel, surrounded by rolling farm fields, just a short drive from Lindsay.The church offers approximately 2,000 sq ft on the main floor, lots of charming details incl soaring cathedral ceilings, large windows, wood plank flooring, rustic church pews, chair lift and more. The basement of the church is used as a hall and also has a kitchen, storage rooms and washrooms. Property zoning is Agricultural A1 Zone. **** EXTRAS **** Holding tank on property is approximately 4,500 litres. (id:39198)
Location
Province
Ontario
City
Kawartha Lakes
Address
407 County Rd 46
Postal Code
K0M2T0
Location Highlights
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Listed by
AFFINITY GROUP PINNACLE 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
28,750
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
$324,900
Asking Price
$324,900
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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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)
28,750
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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