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Institutional Property For Sale at 4854 53 AV in Cynthia, Alberta

4 Sale ID #209553
Updated 29 Apr 2024

Asking Price

$175,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

1 acre(+/-) lot with a single level town hall building. This property contains 2 large bathrooms, a full kitchen area, as well as the large meeting space. Outside the land is treed with a picnic area that includes a picnic shelter as well. Property zoned Institutional. As of closing date, all buildings, structures, fixtures, and chattels situated on the property will stay. Property and all buildings/chattels are sold as is, where is. (id:39198)

  • MLS® : #E4374691
  • Date Listed : 26 Feb 2024

Location

Province

Alberta

City

Cynthia

Address

4854 53 Av

Postal Code

T0E0K0

Location Highlights

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Listed by

RE/MAX Vision Realty Alberta listing

Category

institutional-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,562

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 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

$175,000

Asking Price

$175,000

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.

N/A

Gross Revenue- annual

N/A

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)

2,562

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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