1/7989 FRONT ROAD, LaSalle
989 FRONT ROAD, LaSalle, ON N9J2A5
$229,000 total
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Asset Class
Hospitality
Size
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Building class
A
Zoning
CHY — Highway Corridor
$ / SF
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Occupancy
94%
About this property
Cornering the market at Front Rd and Huron St is a long standing Bar & Grill Directly across from LaSalle's Events Centre and Ice Pad is The Hideout Bar & Grill. Offering food service, dine in, take out, catering (with contracts) full bar and dipped ice cream counter to cover all the bases! Modern, well equipped opportunity for the Entrepreneur wanting to tap into the LaSalle market. Licensed for 74 people with all equipment owned in this turnkey offering. Prominent location in this well maintained multi unit plaza with easy multipoint access and plenty of onsite parking Newly installed serving window for hot drinks coming off the ice pad and ice cream products corning off your boat in the summer! *Discretion is appreciated, please do not walk in and make any inquiries regarding purchase, your agent or listing agent is available to provide information and arrange for showings at appropriate times. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$14K
Annual cash flow
$1K
Cash-on-cash
1.99%
DSCR
1.11
Going-in cap
6.14%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
100,142
Households
46,502
Median income
$86,000
Median age
44.5
Daytime population
138,423
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 989 FRONT ROAD, LaSalle.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.