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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$12,950,000
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
EXTREMELY RARE OPPORTUNITY TO OWN THE HISTORIC DUNDAS MILLWORKS BUILDING! Great mix of industrial and knowledge-economy tenants at a 7% cap rate! Perfect for an income buyer with further upside in changing the property’s zoning to C5 with City support for additional uses — very real potential to become Ontario’s next Distillery District. Located in the heart of Downtown Dundas, this property boasts 102,000 square feet of gross commercial space with stunning brick-and-beam character throughout and runs alongside Spencer Creek. Downtown shopping is just minutes away by foot. Inside is an exciting mix of tenants with the potential to do so much more with this historic building. (id:39198)
Location
Province
Ontario
City
Dundas
Address
64 Hatt Street
Postal Code
L9H7T6
Location Highlights
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Listed by
Real Broker Ontario Ltd. 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
102,000
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
$12,950,000
Asking Price
$12,950,000
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)
102,000
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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