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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$569,900
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
Wow! Stunning professional offices in the center of city with parking. This property has been tastefully restored both inside and out with new siding, windows and roof. The electric furnace hot water radiation system is supplemented with a dual mini-split heat pump system with 8 separate room heads. The property features exposed wood moldings and staircase, nine foot ceilings and cast iron fireplaces with wood mantles. All three floors are fully developed. The main floor features a reception room, executive offices, mid-level office and board room. The second floor features five offices. There are washrooms on 2 floors. The basement level includes a kitchenette, two offices and a file/storage/utility room. (id:39198)
Location
Province
Newfoundland & Labrador
City
St. Johns
Address
90 Barters Hill
Postal Code
A1C4K7
Location Highlights
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Listed by
HOMELIFE/DLK REAL ESTATE LTD. Newfoundland & Labrador 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
3,792
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
$569,900
Asking Price
$569,900
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)
3,792
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
N/A
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