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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$799,900
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
VERSATILE COMMERCIAL OPPORTUNITY WITH HIGH VISIBILITY IN THE HEART OF ANGUS! Position your business for success with this outstanding commercial opportunity on bustling Mill Street in Angus. Zoned C2 and located on a deep 65 x 229 ft lot with prime street exposure, this mixed-use property is tailor-made for entrepreneurs, small business owners, or investors looking to capitalize on flexible commercial space with room to grow. The standout feature is a massive 1,664 sq ft detached double garage/workshop, offering exceptional utility as a storefront, production area, service bay, or studio space. With ample room for parking, loading, or client access, this is an ideal base for retail, trades, food services, or professional offices. The high-traffic location ensures visibility and accessibility, while the expansive driveway provides parking for four or more vehicles. The property features a dedicated servery area equipped with commercial-grade stainless steel counters, deep prep sinks, and refrigeration, making it ideal for catering, food service, or light manufacturing operations. Complementing the commercial features is a well-maintained 1.5-storey building with over 1,876 sq ft of finished space, offering flexibility for office use, retail display, or staff accommodation. A bright main floor office/flex room with street-facing windows enhances the professional appeal. Just steps from downtown Angus, schools, restaurants, and essential services, this unique property lets you live, work, and scale your business all in one location. The C2 zoning allows for a wide variety of permitted uses, making this a rare investment opportunity in a thriving community. (id:39198)
Location
Province
Ontario
City
Essa
Address
Mill
Postal Code
L3W0G3
Location Highlights
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Listed by
RE/MAX HALLMARK PEGGY HILL GROUP REALTY 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
3,540
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
$799,900
Asking Price
$799,900
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)
3,540
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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