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Industrial Property For Sale at 8704 99 Street in Clairmont, Alberta

4 Sale ID #157448
Updated 28 Apr 2024

Asking Price

$2,300,000

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

Great shop with HIGHWAY 2 exposure located on 2+ acres! The shop is 9600 sq ft on the main level with an additional 4000sqf upstairs. Main level has two 80' shop bays with 14'X16' doors, a service area with 2 vehicle bays with 12X12' doors, a 5 ton crane and a bright and open office/reception/show room area. This shop would meet a variety of needs including a dealership, small/large equipment, smaller trucks and could work for semi trucks in the right situation. The property is equipped with in floor heating throughout the building, an air exchanger, is plumbed for an air compressor and has a wash bay with a pressure washer. This property is also for rent at $19741.34 plus GST (this includes CAM) MLS# A2072661 (id:39198)

  • MLS® : #A2080065
  • Date Listed : 12 Sep 2023

Location

Province

Alberta

City

Clairmont

Address

8704 99 Street

Postal Code

T0H0W0

Location Highlights

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Listed by

Grassroots Realty Group 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

13,600

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

$2,300,000

Asking Price

$2,300,000

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)

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

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Premises Size (square feet)

13,600

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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