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Retail Property For Sale at 76 BROCK ST E in Oshawa, Ontario

4 Sale ID #216902
Updated 29 Apr 2024

Asking Price

$650,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Attention Investors & Developers, Don't Miss Out On This Opportunity! Mixed Use Property With Large, Completely Updated 3 Bedroom Home. Main Floor Consists Of Large Living Room, Dining, Family & Kitchen With Walkout To Fully Fenced Backyard. Upstairs Are 3 Generous Sized Bedrooms And A 4 Piece Washroom. This Property Has 2 Commercial Units Attached To The Home For A Total Of Approx. 1000 sq. ft. Of Additional Rentable Space. Each Commercial Unit Has Its Own 2 Piece Washroom. The House And Both Commercial Units Have Their Own Hydro Meter. This Property Is Fully Tenanted And Generates Good Monthly Income With Huge Potential To Increase. All Tenants Are Month To Month. Zoning On This Property Is R5-A/CC-B Which Has A Wide Variety Of Potential Uses. Ranging From Single Family To Six Plex And Convenience Store. Rent As Is, Run Your Business Or Redevelop The Property To What You'd Like! **** EXTRAS **** Photos Of House Are From Before Tenants Moved In. No Photos Available For Inside One Of The Commercial Units. (id:39198)

  • MLS® : #E8158628
  • Date Listed : 20 Mar 2024

Location

Province

Ontario

City

Oshawa

Address

76 Brock St E

Postal Code

L1G1R9

Location Highlights

N/A

Listed by

DAN PLOWMAN TEAM REALTY INC. Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

5,199

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

$650,000

Asking Price

$650,000

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)

5,199

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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