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Land For Sale at 1074 Factory Street SE in Medicine Hat, Alberta

4 Sale ID #163337
Updated 29 Apr 2024

Asking Price

$44,900

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

55x50 piece of land zoned mixed use. This lot is a fantastic business opportunity with limitless options. Zoned Mixed Use which means there are numerous types of businesses that can be built on this lot. Some of which are: retail and consumer services, health car facilities, day care facilities, parking facilities, self-storage facilities, animal services, multiple unit residential developments and much more. For a detailed list, please visit the link below from the City of Medicine Hat website. https://www.medicinehat.ca/government/departments/planning-development-services/our-community/zoning-and-land-use (id:39198)

  • MLS® : #A2081972
  • Date Listed : 25 Sep 2023

Location

Province

Alberta

City

Medicine Hat

Address

1074 Factory Street Se

Postal Code

T1A1X7

Location Highlights

N/A

Listed by

ROYAL LEPAGE COMMUNITY REALTY Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

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

$44,900

Asking Price

$44,900

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)

0

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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