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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,499,000
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
This mixed use building is in incredible condition and a great investment property. Main floor commercial consists of 4 tenants while the upper level has 5 residential suites. The suite make up is Four 2 bedroom plus One 1 bedroom units. The owner has built a single car garage at the back of the property. The property is fully leased with great tenants. Excellent location in down town Ft Saskatchewan plus plenty of parking. The upgrades and maintenance of this property structurally and mechanically have it presenting Like New ! (id:39198)
Location
Province
Alberta
City
Fort Saskatchewan
Address
9804 104 St
Postal Code
T8L2E6
Location Highlights
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Listed by
RE/MAX Real Estate 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
9,850
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
$1,499,000
Asking Price
$1,499,000
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.
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Premises Size (square feet)
9,850
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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