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Retail Property For Sale at 5352 BANK ST STREET in Ottawa, Ontario

New
4 Sale ID #223562
Updated 02 May 2024

Asking Price

$1,295,000

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

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)

  • MLS® : #1385292
  • Date Listed : 08 Apr 2024

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

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

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

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

$1,295,000

Asking Price

$1,295,000

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)

4,000

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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