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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$6,950,000
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
63.26 ACRES IN CITY OF CAMROSE ZONED GENERAL INDUSTRIAL! AN EXCEPTIONAL PROPERTY FOR INDUSTRIAL DEVELOPMENT. Highway Frontage, Spur-line Opportunity, Awesome 11,664sq.ft. Building. Plus 48 Acres have the City offsite levies prepaid which would have an approximate VALUE OF $3.4 million today in future or potential development. This impeccable property is a must see. Featuring an excellent office area with five offices, reception area, 2 washrooms and an IT/storage room. Walk through the office area and enter into a truly impeccable shop with 18ft x 18ft overhead doors, lube/mechanic pit, washroom with shower and full drive through wash bay. The shop is 80ft x 94ft and the wash bay is 80ft x 26ft. The yard has been very well maintained and packed with over $500,000 in yard work completed. There are energized stalls for trucks/equipment and an additional 48ft x 39ft cold storage building. There is three phase power, and property is currently self-serviced for water and sewer. Lots of room for expansion here! Pride of ownership is on full display here and properties of this quality don’t come on the market too often. Need an awesome shop with excellent offices, lots of room to expand and future potential! This is an exceptional opportunity! (id:39198)
Location
Province
Alberta
City
Camrose
Address
3104 39 Street
Postal Code
T4V1X6
Location Highlights
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Listed by
Central Agencies Realty Inc. 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
11,664
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
N/A
Financial Information
Yearly Rate
$6,950,000
Asking Price
$6,950,000
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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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)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
11,664
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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