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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$149,999
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
We are delighted to present this Commercial Retail Property For Sale, Offering an excellent investment opportunity. Situated in a prime location, this property boasts high visibility and easy accessibility for both pedestrian and vehicular traffic. With a spacious layout, it presents endless possibilities for businesses of various types. The property spans 1200+ sq ft, providing ample space for your retail operations. Located in an active commercial area, the property benefits from a steady stream of potential customers, ensuring a consistent flow of business. Nestled in the Heart of Espanola, this property enjoys proximity to amenities such as shopping and restaurants, attracting a diverse customer base. The property's flexible layout allows for customization to suit a variety of retail businesses. This property presents a lucrative investment opportunity for those seeking long-term returns. Opportunity to acquire this commercial retail property and the existing plumbing business! (id:39198)
Location
Province
Ontario
City
Espanola
Address
522 Centre St
Postal Code
P5E1G9
Location Highlights
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Listed by
EXP 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
3,660
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
$149,999
Asking Price
$149,999
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)
3,660
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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