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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$194,900
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
****MOTIVATED SELLER**** BRING AN OFFER****** Bare lot located in the heart of downtown High River this lot is zoned Commercial Business District. The property is 68'x118' and completely fenced. This property has many different uses can be mixed used and as defined by the town of High River: "To support a cluster of mixed Use Buildings and high quality spaces with wide sidewalks, pedestrian connectivity, and street-level activity. Businesses and services should support the entire Town, and Residential forms should support the business activity in the Land Use District. The Central Business District (CBD) is intended to act as a destination for residents and visitors where patrons can either walk to or park once and walk around" (id:39198)
Location
Province
Alberta
City
High River
Address
109 8 Avenue Se
Postal Code
T1V1L7
Location Highlights
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Listed by
Century 21 Foothills 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
0
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
$194,900
Asking Price
$194,900
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)
0
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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Why this Marketplace was Created
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