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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,699,000
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
Commercial Plaza For Sale. Excellent investment opportunity to own this Great Plaza in the heart of city Petrolia. Located directly on the corner of Petrolia line and 1st Avenue Intersection. Which is great value unit fully tenanted with LCBO, Dominos Pizza, Doctors office, cash and carry. Site Area: approx. 1 acres Plaza building and ample space of more than 80 parkings. **** EXTRAS **** Legal Description of property 4347 and 4351 Petrolia Line LT 1-2 PL 65 PETROLIA S/T L494091; PETROLIA LT 3-5 PL 6 PETROLIA T/W L494091 S/T L496661; PETROLIA (id:39198)
Location
Province
Ontario
City
Petrolia
Address
4347 & 4351 Petrolia Line
Postal Code
N0N1R0
Location Highlights
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Listed by
ROYAL LEPAGE FLOWER CITY REALTY 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
0
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
$1,699,000
Asking Price
$1,699,000
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)
0
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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