Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (2024)

Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (1)

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  1. Commercial Real Estate

  2. For Sale

  3. Land

  4. Ontario

  5. Sault Ste. Marie

  6. LandFor Sale At 475 Airport RD # Parcel 4 In Sault Ste. Marie, Ontario
  1. Commercial Real Estate

  2. For Sale

  3. Land

  4. Ontario

  5. Sault Ste. Marie

  6. LandFor Sale At 475 Airport RD # Parcel 4 In Sault Ste. Marie, Ontario

Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (4)

4 Sale ID #254467

Updated 08 Jul 2024

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Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (5)

Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (6)

Asking Price

$2,900,000

Cap RateBuy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (7)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

Excellent development opportunity. Property is a total of 580 acres comprising of five parcels of land including Runway Park which has significant site improvements. Other parcels include land on each side of Roberta Bondar Parkway. All parcels conveniently situated adjacent to busy regional airport. Zoning permits airport related uses, compatible light industrial uses. Ancillary and secondary uses such as car rental, accommodation, restaurants and convenience retails will be permitted. Other commercial uses will be considered. Great opportunity with great visibility and exposure. (id:39198)

  • MLS®:#SM241618
  • Date Listed:27 Jun 2024

Location

Province

Ontario

City

Sault Ste. Marie

Address

475 Airport Rd # Parcel 4

Location Highlights

N/A

Listed by

Century 21 Choice Realty Inc. Ontario listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

Year Built

N/A

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 Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (8) Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (9) 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 RateBuy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (10)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

NOIBuy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (11)Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annualBuy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (12)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)

N/A

EBITDA Buy Land for Sale at 475 Airport RD # Parcel 4 in Sault Ste. Marie Ontario - SM241618, Canada. (13) Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A

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