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Retail Property For Sale at 73 KING ST E in Kawartha Lakes, Ontario

4 Sale ID #39016
Updated 28 Apr 2024

Asking Price

$500,000

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.

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Lot Size

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Building Size

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Premise Summary

Attention Investors And Developers! Here's A Unique Opportunity To Own A Commercial Property With Incredible Potential. Situated On Highway 7 Between Peterborough And Lindsay, This Property Boasts A Prime Location That Can Be Purchased Together With 79 King Street East (MLS X5351505 Combined List Price $850,000) For An Impressive Total Site Area Of 29,700 Sq. Ft. (0.68 A) And An Expansive Frontage Of 180 Feet On Highway 7 - Perfect For Maximum Exposure And Visibility! Zoned As Highway Commercial (C2), The Possibilities Are Endless: From Restaurants, Motor Vehicle Sales Establishments To Fuel Bars, Dry-Land Marinas To Bed & Breakfast - The List Goes On! With So Many Permitted Uses Available Under This Zoning Category, You're Sure To Find Something That Suits Your Entrepreneurial Vision Perfectly. (id:39198)

  • MLS® : #X5351476
  • Date Listed : 25 Aug 2021

Location

Province

Ontario

City

Kawartha Lakes

Address

73 King St E

Postal Code

K0L2W0

Location Highlights

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Listed by

PD REALTY INC. Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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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

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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

$500,000

Asking Price

$500,000

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

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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