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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,125,000
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
OPPORTUNITY KNOCKS! Prime commercial building with AM3 zoning in superb high visibility location on St. Joseph Blvd. The building is in fantastic condition and the location cant be beat for exposure. Loads of upgrades in 2017, SPOTLESS and a pleasure to show. BUSINESS IS NOT FOR SALE, only the real estate (stand alone building and land). Currently set up and used as health/wellness retail space (Chiropractor/Acupuncture). Layout is optimal for a variety of uses or can be easily modified to suits one needs or accommodate shared use. IDEAL FOR OWNER USE OR INVESTMENT OPPORTUNITY to lease the space out as it could easily could accommodate 2 independent business operations, or potential redevelopmentEndless Opportunities!!. Parking directly in front in addition to 4 leased spots from a neighbouring business. See floor-plan attached for layout. 2300 sq ft of usable space. Main floor: reception, coat room, office, kitchenette. Upper: large open concept conference/presentation room, 2pc bathroom and 3 closed door offices. Lower: 4 private closed door offices/treatment rooms, 3pce bathroom, a large office/boardroom and storage/utility areas. STOP PAYING RENT or START COLLECTING RENT!! Serious enquiries only. Currently Owner Occupied, flexible closing date possible. Please do not visit the property without a pre-booked showing appointment. (id:39198)
Location
Province
Ontario
City
Ottawa
Address
St. Joseph
Postal Code
K1C1E6
Location Highlights
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Listed by
PAUL RUSHFORTH REAL ESTATE 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
4,252
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
$1,125,000
Asking Price
$1,125,000
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)
4,252
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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