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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$45,000
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
Excellent Opportunity for End-User or Investor at Oriental Centre. Prime retail unit available in the well-established Oriental Centre, ideally located along the proposed Sheppard Line subway extension. This 188 sq. ft. retail condominium is situated on the third floor of the mall, offering excellent exposure within a great foot traffic complex. Conveniently located in the heart of Scarborough, the property offers easy access to major highways, a well-developed public transit network, and a wide range of amenities. The mall features both surface and underground parking for customers and tenants alike. Flexible zoning allows for a variety of retail and service-based uses, perfect for entrepreneurs and small businesses looking for an affordable space in a commercial hub. The unit is currently tenanted; vacant possession can be arranged with appropriate notice. (id:39198)
Location
Province
Ontario
City
Toronto
Address
Sheppard
Postal Code
M1S1V3
Location Highlights
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Listed by
CENTURY 21 ATRIA 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
188
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
$45,000
Asking Price
$45,000
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)
188
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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