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Benefits
Asking Price
$925,000
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
Located in the heart of Old Mount Royal, this is a unique opportunity to develop a new home that would enjoy some very special features. A collection of mature trees creates a park-like and private setting. The alley behind has never been opened so vehicle access is from the front Street. The unopened alley is also heavily treed adding an additional layer of beauty and privacy. The rear yard has west orientation with wonderful sun-dappled light quality. Dimensions are: 60’ across the front, 25’ across the rear, and average side depth of 106’. Perfect for infill/townhome development. The original house has been removed so you will save demolition costs. The garage straddling the property line can be demolished by a buyer after completion of a sale. This is a great location with easy access to endless inner-city amenities, schools, The Glencoe Club and the downtown core. (id:39198)
Location
Province
Alberta
City
Calgary
Address
2601 Carleton Street Sw
Postal Code
T2T3K8
Location Highlights
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Listed by
Century 21 Bamber Realty LTD. 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
$925,000
Asking Price
$925,000
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.
N/A
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
N/A
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