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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,000
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
Calling all investors and entrepreneurs! 282 Bloomfield Main St is ready to become the hub for your retail, service or office business. Situated on a deep 152' lot and complete with a detached garage for the opportunity of storage or ample parking. Set yourself up for success on Bloomfield's bustling main street! One of the few detached commercial properties in Bloomfield. Currently used as a thriving retail store, the main level offers over 1000 sq. feet including a spacious and bright vaulted ceiling and half bath. Upstairs you'll find a blank canvas of 621 sq. ft divided amongst four separate rooms. This well maintained building boasts great curb appeal and visibility for your next venture. Bring your business plan and book a showing for yourself! (id:39198)
Location
Province
Ontario
City
Prince Edward
Address
Bloomfield Main
Postal Code
K0K1G0
Location Highlights
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Listed by
CENTURY 21 LANTHORN REAL ESTATE LTD. 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
1,720
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
$799,000
Asking Price
$799,000
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)
1,720
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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