Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$889,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
HERE IT IS......THE "CADILLAC" OF SHOPS READY FOR A NEW OWNER. This 80' X 175' X 21' steel shop was built in 2010 by prestigious GVN Structures Inc. located in Redcliff, Alberta. Located just over the North Highway 873 overpass & TR 192 sits on 2.62 fully fenced acres. Fencing on both the North and South sides of shop allow access to back of property for easy access to 2-16' x 16' overhead doors both with concrete aprons. A 14' X 16' overhead door on East side provides access to an additional welding bay. NE overhead bay has direct access to 5-ton crane. Looking to expand the shop...the east wall can easily be removed & replaced after expansion. 2,000 sq feet of Mezzanine storage, additional paint bay, 4 offices, reception area, additional storage room, 3-2 pieces bathrooms, kitchen with coffee/lunch area, and meeting room complement the main floor. Central air conditioning, newer furnace approx. 2022, instant hot water, 3 phase power, alarm system, are just a few of the features this pristine shop has to offer. Come take a look you are sure to be impressed! Listing Associate has possession of detailed building plans indicating the quality+++ that this shop offers to a new owner. (id:39198)
Location
Province
Alberta
City
Newell
Address
107 143073 Tr192
Postal Code
T0J2A0
Location Highlights
N/A
Listed by
MaxWell Capital Realty - Brooks Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
17,156
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
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
N/A
Financial Information
Yearly Rate
$889,000
Asking Price
$889,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
17,156
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
