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Retail Property For Sale at 635202 HIGHWAY 10 in Mono, Ontario

4 Sale ID #108708
Updated 27 Apr 2024

Asking Price

$3,800,000

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.

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Lot Size

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Building Size

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Premise Summary

3 Apartments Plus Automotive Service And Repair Garage, And Storage Garage For Sale In Mono. 1.82 Acres (198.70 Ft Fronting In Hwy 10). Great Exposure. Commercial Highway Zoning Allows Many Uses. Live And Work Opportunity. Good Parking. Graveled O/S Lot. Good Clear Height. **** EXTRAS **** Please Review Available Marketing Materials Before Booking A Showing. Please Do Not Walk The Property Without An Appointment. (id:39198)

  • MLS® : #X5792511
  • Date Listed : 12 Oct 2022

Location

Province

Ontario

City

Mono

Address

635202 Highway 10

Postal Code

L9W5P6

Location Highlights

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Listed by

D. W. GOULD REALTY ADVISORS INC. Ontario listing

Category

retail-properties

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

0

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

$3,800,000

Asking Price

$3,800,000

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.

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Gross Revenue- annual

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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)

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

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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