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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,999
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
GREAT INVESTOR OPPORTUNITY! This tenanted building features both residential & commercial space, and was completely renovated several years ago. The bright one bedroom upper apartment has new flooring, windows, doors, an updated bathroom, and new appliances. The ground floor apartment is a legal non-conforming commercial unit that has also been renovated to produce a functional space to combine business and home life. Parking for 2 cars is included, and there are separate meters for hydro, gas and water. Other recent upgrades include an A/C system in 2020, electrical done in 2017 & 2019 - each unit has 200 amp service. Windows & doors replaced within last 6 years. Roof repairs completed November 2023. There is a natural gas furnace for lower unit that is 6 years old, and an on-demand radiant heat boiler for upper unit which is 5 years old. Schedule your showing today for this wonderful investment that awaits you! (id:39198)
Location
Province
Ontario
City
Brockville
Address
75 John Street
Postal Code
K6V5B1
Location Highlights
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Listed by
EXIT REALTY AXIS 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
0
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
$449,999
Asking Price
$449,999
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)
0
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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