Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$749,900
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to a prime investment opportunity situated at a highly desirable location on Main St. This approximately 6100 sqft building offers unparalleled exposure to the industrial area while still maintaining visibility on the main thoroughfare. Zoned C1, this versatile property boasts numerous approved and discretionary uses, making it an ideal space for a variety of businesses. The building underwent significant upgrades in 2014, including the addition of a loading dock featuring a 10x14 overhead door, providing seamless access for deliveries and logistics. Furthermore, it boasts its own security access and entrance for added convenience and security. Inside, you'll find a spacious warehouse area, a welcoming storefront, three well-appointed washrooms, and two separate offices, offering ample space and flexibility to accommodate diverse business needs. Enhanced with exterior HVAC and air conditioning in both the warehouse and storefront areas, this property ensures optimal comfort for both employees and customers alike. Additionally, three-phase power availability adds to the property's functionality and efficiency. With its prominent Main St location, this property enjoys high visibility and accessibility, making it an attractive option for businesses seeking a strategic commercial space. Currently leased until November 2024, this property presents a lucrative investment opportunity with a reliable income stream in place. Don't miss your chance to own a piece of prime commercial real estate in a thriving area. (id:39198)
Location
Province
Alberta
City
Slave Lake
Address
629 Main Street N
Postal Code
T0G2A1
Location Highlights
N/A
Listed by
ROYAL LEPAGE PROGRESSIVE REALTY Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
6,100
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$749,900
Asking Price
$749,900
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
6,100
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
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
