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Retail Property For Sale at 700-702 DUNDAS STREET in London, Ontario

New
4 Sale ID #305834
Updated 09 Dec 2024

Asking Price

$849,900

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

Fantastic opportunity for an entrepreneur to locate their business in Old East Village. There are two store fronts facing Dundas, use one and rent the other. Unlimited residential potential on the second floor, with a private entrance off Dundas St. Street parking available in the front, or rear municipal parking available. Adjacent to Palace Theatre, one block from Aeolian Hall. This listing has been generated for the building to be severed. The severed building will be serviced and all adjoining openings will be closed off. (id:39198)

  • MLS® : #X10415547
  • Date Listed : 07 Nov 2024

Location

Province

Ontario

City

London

Address

700-702 Dundas Street

Postal Code

N5W2Z4

Location Highlights

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Listed by

BLUE FOREST REALTY 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

7,500

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

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

$849,900

Asking Price

$849,900

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)

7,500

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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