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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$785,000
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
Rare opportunity to acquire an already approved space of worship! This exceptional opportunity to own a spacious place of worship is ideal for gatherings, events, and spiritual services. This welcoming facility spans over 2,000 square feet on the second floor, with ample room to comfortably accommodate up to 100 people. The layout is designed to support a variety of uses, from community meetings to serene worship services. With plenty of parking spaces, attendees will enjoy easy access and convenience. This property is perfect for a growing congregation or a community-focused organization looking for a versatile and functional space. Don’t miss out on this rare opportunity to make it yours! (id:39198)
Location
Province
Alberta
City
Calgary
Address
54
Postal Code
T2B1N5
Location Highlights
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Listed by
URBAN-REALTY.ca 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
2,080
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
$785,000
Asking Price
$785,000
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)
2,080
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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