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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,181,280
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
Prime 2.76 acre lot for sale with the lot to the south of 2.84 acres. Zoned RCL. Super close to town. Access to north available from Ash Street. Huge stone wall on northern edge of property. Potential to subdivide the 2 lots into 3-4 acreage lots for estate homes. Maybe rezone commercial. Lots of potential upside for the right buyer! (id:39198)
Location
Province
Alberta
City
Strathcona
Address
#301 52369 Rge Rd 233
Postal Code
T8B1C6
Location Highlights
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Listed by
Royal LePage Prestige 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
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
$1,181,280
Asking Price
$1,181,280
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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