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Benefits
Asking Price
$2,299,900
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
This prime 10 suits building is located in the heart of Beltline, just minutes from the downtown core, and steps away from the BMO Centre, Stampede Grounds, the Stampede C-Train Station, and the trendy 17th Avenue. This huge 654 square meter lot is also perfect for a future redevelopment. In the meantime, run this building as a residential rental property to cover expenses. This freestanding building has excellent future potential. Don't miss out on this great investment opportunity! Book your viewing today! (id:39198)
Location
Province
Alberta
City
Calgary
Address
136 15 Avenue Se
Postal Code
T2G1G2
Location Highlights
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Listed by
MaxWell Capital Realty Alberta listing
Category
Property Information
Premise Status
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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
5,330
Year Built
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Years Remaining in Current Lease Term
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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
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Financial Information
Yearly Rate
$2,299,900
Asking Price
$2,299,900
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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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.
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Premises Size (square feet)
5,330
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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