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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,900,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Rare and unique property, offers prime, commercial real estate, perfectly situated along a bustling Kings Highway (Hwy 11), presenting an exceptional opportunity for retail businesses, seeking high visibility and accessibility. This expansive 2.6 acre parcel of land features a strategically positioned retail building approximately 2265 ft. along with a separate heated shop approximately 1600 ft. tailored for building products/storage, providing an ideal setting for a wide range of business endeavours. The large site offers you the ability to add a further 2500 sq. ft. Highway exposure and ample asphalt parking offers the potential for extra rental income from sources such as food trucks, produce stand, etc..Ideal for restaurant, showroom, pool, landscaping, modular home, RV, auto sales, and many other commercial uses. (id:39198)
Location
Province
Ontario
City
Oro medonte
Address
1585 11 Highway N
Postal Code
L0L2L0
Location Highlights
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Listed by
Royal LePage Burloak Real Estate Services Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
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Building Size
3,865
Year Built
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Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$2,900,000
Asking Price
$2,900,000
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.
N/A
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.
N/A
Premises Size (square feet)
3,865
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
