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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$249,000
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
Outstanding prime commercial location in the heart of Haliburton Village on Highland Street This opportunity is ideal for a commercial investment in a high-traffic, central location to open or move their existing business .The 516 +/- sq ft building has been used as a retail space. Commercial zoning allows for many different uses. Don't miss out on this amazing opportunity in downtown Haliburton This is an Estate Sale being sold by an appointed Estate Trustee/lawyer. Trustee has never visited the property nor did he know the previous owner, so has no knowledge of history of property. Estate Trustee is unable to offer any warranties or representations including, but not limited to the condition, zoning, current usage, future usage, structure, heating, electrical, plumbing or inclusions. It is suggested that any Buyer conduct an inspection to obtain information about the current mechanical, structural and overall condition of the property to eliminate any potential concerns. Property is subject to "Right of Refusal " in favour of one potential buyer (id:39198)
Location
Province
Ontario
City
Dysart Et Al
Address
Highland
Postal Code
K0M1S0
Location Highlights
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Listed by
BALL 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
516
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
$249,000
Asking Price
$249,000
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)
516
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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