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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,900
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
Fantastic opportunity to own an 11.1-acre parcel of land within the limits of the Town of Lamont. The property is zoned M1 (business industrial). You have an 80' x 40' steel frame building on the property with a 20' wide x 18' tall overhead door. Internal bridge crane with a 2.5-tonne lift (not certified). The crane is powered by a diesel generator which is also used for emergency power. Metal mezzanine area for storage, ample power to the site. Additional building 38' x 24' portable building (was used as a woodworking shop). This property is just off Hiway, 15 minutes from the Town of Lamont. (id:39198)
Location
Province
Alberta
City
Lamont
Address
5901 Range Road 195
Postal Code
T0B2R0
Location Highlights
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Listed by
RE/MAX Elite 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
3,200
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
$649,900
Asking Price
$649,900
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)
3,200
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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