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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$850,000
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
Develop your retail or medical use building here**RARE C-COR1 f6 h38 commercial vacant land for sale in PRIME LOCATION facing 16 Ave and future Green Line LRT station** Lot is 5,382 SF with (F.A.R. 6 or 32,292 SF max buildable) with max height 38m(12 floors). Great for investment or long term hold. Amazing exposure to 16 Ave traffic and excellent public transit options from Centre ST and 16 Ave. Possible future uses include: medical clinic(family clinic, dental, specialists), convenience store, professional office, restaurant, veterinary clinic and retail. (id:39198)
Location
Province
Alberta
City
Calgary
Address
128 16 Avenue Ne
Postal Code
T2E1J5
Location Highlights
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Listed by
CENTURY 21 BRAVO REALTY 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
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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
$850,000
Asking Price
$850,000
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)
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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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