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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,700,000
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
Commercial Package consisting of 1 large Restaurant (4000 sq ft), 3 Retail/Office buildings (8000 sq ft plus full basements), a 4 Bedroom apartment (1800 sq ft) and a large Storage building (1500 square foot + mezzanine). Long Term Tenants in place for most of the retail spaces. Storage available for the owners use or to Lease for Rental income. Frontage on Pembroke Street East and Belmont Avenue. Surrounded by Excellent Businesses. Close to Hotels, Quick Service Restaurants and Metro Grocery Store. This Property has been well maintained, is in a prime location and has ample parking and road access. (id:39198)
Location
Province
Ontario
City
Pembroke
Address
601/615 Pembroke Street
Postal Code
K8A3L7
Location Highlights
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Listed by
VALLEY PROPERTY SHOP LIMITED 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
15,300
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
N/A
Financial Information
Yearly Rate
$1,700,000
Asking Price
$1,700,000
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)
15,300
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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