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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,000
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
For Over 150 Years, The Intersection Of Walton St. And Ontario St. Has Been One Of Historic Port Hope's Most Dynamic Business And Financial Crossroads And Continues To Be So Today. A Few Steps To The West And On The Sunny Side Of The Street You Will Find ""The Quinlan Block"" C. 1866 Which Includes The Subject Property. 82 Walton Street Features: A Commercial Unit On The Ground Floor That Offers A Basement For Storage; A Residential 1 Bedroom Unit On The 2nd Floor And Another 1 Bedroom Unit On The 3rd Floor. If You're Searching For A Unique ""Heritage Property"" To Enhance Your Investment Portfolio And Where You Can Work An Live, Within Walking Distance To All The Amenities That Charming Port Hope Has To Offer, 82 Walton Street Is Worthy Of Your Consideration. Note 1:All Data Is Approximate And Subject To Change Without Notice. Buyers Are Advised To Do Their Due Diligence With Regard To All Aspects And Facets Of The Subject Property And Their Intended Use Of It. **** EXTRAS **** Note 2:All Offers Must Have An Irrevocability Of 3 Business Days From The Time The Offer Has Been Received By The Listing Agent. (id:39198)
Location
Province
Ontario
City
Port Hope
Address
82 Walton St
Postal Code
L1A1N3
Location Highlights
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Listed by
RE/MAX LAKESHORE 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
2,200
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
N/A
Financial Information
Yearly Rate
$849,000
Asking Price
$849,000
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.
N/A
Premises Size (square feet)
2,200
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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