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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,200,000
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
REDEVELOPMENT ALERT in Central McDougall! 150'140' Lot Medium Scale Residential RM H16 zoning, right on 109 Street. 3 Lots Side x Side for a total frontage of 150x140 HUGE potential for a low rise apartment building, 4plexes or skinnies 24 units minimum! Great potential for CMHC MLI products in this location. This location is excellent for future redevelopment, close to amenities, public transit, LRT, NAIT, minutes from downtown & on a street where other redevelopment is already happening & more being planned all the time. Take advantage of the City encouraging higher density & development & secure your next project! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
11011/15/21 109 St Nw Nw
Postal Code
T5G2V8
Location Highlights
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Listed by
RE/MAX River City 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
$1,200,000
Asking Price
$1,200,000
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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