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Industrial Property For Sale at 5002 51 Avenue in Colinton, Alberta

4 Sale ID #94363
Updated 17 Apr 2024

Asking Price

$198,000

Cap Rate help 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

RARE FIND - clean, well built, secure and well maintained 40'x60' shop (zoned Light Industrial) with a great location on over half an acre. 15 minutes from Athabasca in the town of Colinton. 2,400 square feet with 3 bay doors - one 14'x14', two 10'x10'. The concrete slab is reinforced to meet almost any needs. Very well insulated and sealed for great temperature control. 220amp single phase power, infrared heat (with in-floor heat roughed in). Perfect for your business, industrial, or recreational storage needs! (id:39198)

  • MLS® : #A1240240
  • Date Listed : 13 Jul 2022

Location

Province

Alberta

City

Colinton

Address

5002 51 Avenue

Postal Code

T0G0R0

Location Highlights

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Listed by

3% REALTY PROGRESS Alberta listing

Category

industrial-properties

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

2,400

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$198,000

Asking Price

$198,000

Cap Rate help 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 help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

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Cash Flow - annual help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

2,400

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


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