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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$395,900
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
Expose your business to prime location, success, access, and visibility! This commercial property is on 2 LOTS in the growing Town of Redwater. There is a separate side entrance to 2 large office spaces and a 2pc bathroom.....windows and electrical have been updated. The metal frame shop has original wood floors, radiant heat, a 2pc bathroom, utility room, great mezzanine storage, 220 volt, 10ft overhead door, a side loading dock. Plus, an additional work room with another 10ft overhead door & radiant heat. There is lots of parking space and a back alley. The revenue possibilities are endless for the 3 usable spaces.....a smart investment! (id:39198)
Location
Province
Alberta
City
Redwater
Address
4807 52 St
Postal Code
T0A2W0
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
2,165
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
$395,900
Asking Price
$395,900
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)
2,165
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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