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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,300,000
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
Investment opportunity!! This commercial building/mall is presently fully occupied by retail and service tenants, as well as a restaurant on the main level, and 1 small residential unit (upper level). Most tenants have 1-5 year leases with staggered renewals. Situated in the core of downtown Dryden with a large paved parking lot allowing for endless future development/use, or just continue to enjoy this investment as a commercial/retail mall. (id:39198)
Location
Province
Ontario
City
Dryden
Address
34 Whyte Ave
Postal Code
P8N1Z3
Location Highlights
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Listed by
SUNSET COUNTRY REALTY INC. Ontario listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
17,000
Year Built
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Years Remaining in Current Lease Term
N/A
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
N/A
Financial Information
Yearly Rate
$1,300,000
Asking Price
$1,300,000
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)
17,000
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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