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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$539,900
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
Discover an exceptional opportunity to elevate your entrepreneurial ambitions with this beautifully renovated retail/office industrial bay, ideally suited for the innovative entrepreneur ready to make their mark! Whether youre looking to sell unique wares, establish a photography studio, or create a vibrant design space, the possibilities are truly endless in this prime location. Fully renovated in 2017 this space blends functionality with aesthetics and offers a generous 2,400 square feet over two levels. Main level boasts an open concept design that is perfect for display areas and collaborative workspaces, beautiful live edge sitting area & modern white cabinets and counter area. Well-appointed kitchen and secondary storage, accessible via large barn doors leading to the back bay and overhead door. Impressive upper mezzanine, finished to the highest of standards, where you’ll find versatile office and flex areas, a cozy coffee bar, and ample storage options tailored to meet your business needs.Ideally positioned on Boudreau Road with over 27,000 cars passing daily, this property offers outstanding visibility and exceptional frontage, ensuring your business is seen and easily accessible.If youve been dreaming of taking your business to the next level, this property is the perfect canvas to bring your vision to life. (id:39198)
Location
Province
Alberta
City
St. Albert
Address
Boudreau
Postal Code
T9N7K5
Location Highlights
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Listed by
Blackmore Real Estate 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
2,444
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
$539,900
Asking Price
$539,900
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)
2,444
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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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.
