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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$650,000
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
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)
Location
Province
Ontario
City
Oshawa
Address
76 Brock St E
Postal Code
L1G1R9
Location Highlights
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Listed by
DAN PLOWMAN TEAM REALTY INC. 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
5,199
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
$650,000
Asking Price
$650,000
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)
5,199
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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