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Retail Property For Sale at 5024 CENTRE Street in Niagara Falls, Ontario

4 Sale ID #203058
Updated 02 May 2024

Asking Price

$1,099,000

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

GREAT COMMERCIAL BUILDING LOCATED IN MINS WALKING DISTANCE TO THE BUSIEST STREET CLIFTON HILL, GREAT EXPOSURE AND EXTREMELY HIGH TRAFFIC VOLUME, VERY CLOSE TO THE FALLS ATTRACTIONS. STABLE CUSTOMERS FLOW. GREAT OPPORTUNITY TO INVEST. (id:39198)

  • MLS® : #40538489
  • Date Listed : 07 Feb 2024

Location

Province

Ontario

City

Niagara Falls

Address

5024 Centre Street

Postal Code

L2G3N7

Location Highlights

N/A

Listed by

RE/MAX GARDEN CITY EXPLORE REALTY 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

600

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

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

$1,099,000

Asking Price

$1,099,000

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)

600

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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