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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,295,000
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
Nestled at 5352 Bank Street, this Commercial /Residential Building presents a golden opportunity for forward-thinking investors. Occupying a prime location, the property boasts an expansive lot size, offering ample space and flexibility for redevelopment projects. Ideal for those looking to build upon an existing foundation, this Building holds immense potential for transformation into a vibrant Commercial hub or a mixed-use development. With its strategic positioning and considerable lot, it stands as a promising canvas for investors aiming to capitalize on its redevelopment potential. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
5352 Bank St Street
Postal Code
K0A2P0
Location Highlights
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Listed by
U REALTY GROUP 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
4,000
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
$1,295,000
Asking Price
$1,295,000
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)
4,000
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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