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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,000
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 prime commercial property in the City of Camrose is 250'x150' (0.86 acres), with potential for smaller subdivided lots. The zoning is currently institutional and had been previously zoned Industrial, but the City of Camrose would accept an application for re-zoning to meet your development plans. This land is well situated for a variety of uses and has fencing on two sides. The property would suit light industrial development for a shop and yard, storage units, RV storage, or even residential with potential of developing up to 7 individual titled lots. The property has close proximity to schools and ease of access to downtown Camrose. (id:39198)
Location
Province
Alberta
City
Camrose
Address
5311 47 Street
Postal Code
T4V1L7
Location Highlights
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Listed by
Coldwell Banker Battle River Realty 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
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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
$199,000
Asking Price
$199,000
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)
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EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
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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