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Retail Property For Sale at #E20 -4300 STEELES AVE E in Markham, Ontario

4 Sale ID #175898
Updated 30 Apr 2024

Asking Price

$329,900

Cap Rate help 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.

N/A

Lot Size

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Building Size

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Premise Summary

Famous Pacific Mall with tourism attraction. Legally open 365 days including all legal holidays. Rough-in water and sink suits for many kinds of businesses. Largest Chinese hall with total 270.000 Sq. ft. Lots of visitor parking on the underground level. **** EXTRAS **** Rough-in water supply + sink in the unit. (id:39198)

  • MLS® : #N7257724
  • Date Listed : 27 Oct 2023

Location

Province

Ontario

City

Markham

Address

#e20 -4300 Steeles Ave E

Postal Code

L3R0Y5

Location Highlights

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Listed by

LIVING REALTY INC. Ontario listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

N/A

Building Size

290

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$329,900

Asking Price

$329,900

Cap Rate help 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.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

290

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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