Rented Commercial Property for Sale in Ontario, USA
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | USD 144 thousand |
| Run Rate Sales | USD 144 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Rented Commercial Properties |
| Locations | Ontario |
| Local Time | 7:44 PM Etc / GMT+8 |
| Listed By | Advisor / Business Broker |
| Status | Active |
- The property is currently leased to seven pastors, generating rental income of approximately USD 12,000 per month.
- One of the leases is on an annual renewable contract, with approximately six months remaining, while the other leases are flexible month-to-month arrangements.
- The buyer can choose to continue the existing lease arrangements, or terminate them and use the property for their own operations, or pursue a different development or commercial use.
- The property has one owner, and all ownership documents and required permits are in place.
- The property offers ample parking and is conveniently located with easy proximity to major freeways.
- Maintenance is currently managed through temporary staff engaged by the owner.
- The property provides flexibility for continued rental income, owner-occupation, or future redevelopment based on the buyer’s plans.
- Generates rental income by providing flexible occupancy arrangements, with one annual renewable lease and the remaining spaces offered on month-to-month terms.
- The property can also support continued religious use, owner-occupation, or alternative commercial and development purposes, depending on the buyer’s plans.
Intangible assets include existing lease agreements, established tenant relationships, permits, approvals, and associated documentation supporting the property’s current use.
There is an ongoing loan on the property, which will be cleared at the time of sale.