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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$899,900
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
Excellent retail space available at the base of the recently built Utopia Condo. Situated in the desirable Beamsville community with fabulous dining, shopping, schools and parks. 25 minute drive to downtown Burlington and 20 minute commute to Niagara Falls. 2-minute drive to QEW. Utopia is 276 unit residential condo. Plenty of parking. Lots of natural light with windows on 3 sides of this unit. Zoning permits a wide range of uses including retail, medical/dental, professional office and more. Contact the listing agent for more details on how you can locate your business here. Unit is 1381 sq ft with prime street-front exposure facing Greenlane Rd. Taxes and maintenance fees to be verified. Taxes not yet assessed (id:39198)
Location
Province
Ontario
City
Beamsville
Address
5055 Greenlane Road|unit #c1
Postal Code
L0R1B3
Location Highlights
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Listed by
RE/MAX Escarpment Realty Inc. 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
1,381
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
$899,900
Asking Price
$899,900
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)
1,381
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
N/A
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