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Industrial Property For Sale at 56419 RR70A in St Paul, Alberta

4 Sale ID #61208
Updated 30 Apr 2024

Asking Price

$1,100,000

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

For Sale or for Lease ($5000.00/month triple net) - Industrial shops on 22.07 acres located along highway 41 and in close proximity to Lindbergh oilfields and just south of Elk Point (1.5 mile). The 19,480 sqft comprises of a large (40x80) - drive through shop with 4 -16x20 OH doors, impressive air exchange & exhaust system, in-floor heat, 3 phase power, and adjacent to a large parts room with a OH door. North side offers a mechanic bay with 2 large lifts, 20x14 OH door, service manager office space and an additional office to the side. The office area offers executive sized offices (3), large reception area, board room and mezzanine storage. There's a heated (propane) & cold storage area to the south of main area. The yard offers a fueling area, pipe stacking area, tons of powered staff parking, a fully serviced (water, power - 50 amp & sewer) camping area with 6 stalls, wash area and a second heated shop 54x120 with 18x22 OH door, and a fab shelter with power. Looking to expand your current operations? (id:39198)

  • MLS® : #E4292187
  • Date Listed : 06 May 2022

Location

Province

Alberta

City

St Paul

Address

56419 Rr70a

Postal Code

T0A1A0

Location Highlights

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Listed by

Property Plus Realty Ltd. 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

19,480

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

$1,100,000

Asking Price

$1,100,000

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.

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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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

19,480

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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