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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,999,990
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
RARE WEST END LOCATION - UPDATED BUILDING & 5 BAY GARAGE! Situated on an extremely high visibility 4 lane road, this prime west end commercial space is only partially rented with great tenants and offers a wide variety of uses and ample parking. Approx 6300 sqft including useable lower level (floor plans). Incredible exposure with approx 47,824 average passing vehicles per week (traffic study fall 2022). Main building has 3 levels, including a renovated front office with gleaming floors, reception area and 4 bright offices steps down to the rear lower level with kitchenette, 2 bathrooms and 2 additional storage/office rooms and separate side entrance. The bright upper rear space also has a separate entrance and is window walled with 2 bathrooms, a wide open floor plan and 2 separate offices spaces. The rear workshop has 5 large bays with 4 10x10ft doors (approx) and one oversized bay with 12x10ft door (approx). Multiple entrances and 6 bathrooms on the property. **** EXTRAS **** Don't miss out on this rare opportunity! Book a showing today! (id:39198)
Location
Province
Ontario
City
Peterborough
Address
809 Clonsilla Ave
Postal Code
K9J5Y2
Location Highlights
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Listed by
PSR 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
5,057
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
$2,999,990
Asking Price
$2,999,990
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)
5,057
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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