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Retail Property For Sale at 408 CATHERINE Street in Port Colborne, Ontario

4 Sale ID #137792
Updated 03 May 2024

Asking Price

$1,699,999

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

INVESTOR MUST SEE. DIAMOND IN THE DUST. (FIVE) TWO BEDROOM APTS ON THE UPPER LEVEL AND TWO COMMERCIAL UNITS ON THE MAIN LEVEL. TWO LARGE SIZED PARKING ON CATHERINE AND ELM ST. (id:39198)

  • MLS® : #H4165846
  • Date Listed : 08 Jun 2023

Location

Province

Ontario

City

Port Colborne

Address

408 Catherine Street

Postal Code

L3K4L5

Location Highlights

N/A

Listed by

Apex Results Realty Inc. 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

13,790

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

$1,699,999

Asking Price

$1,699,999

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)

13,790

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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