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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$699,000
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
Exceptional investment opportunity: two adjacent lots with full services available strategically located on the way into Cold Lake. A perfect blend of convenience & visibility, these properties rest on a well-traveled service road, offering easy accessibility for your business. The well-graveled spaces are fenced, ensuring a safe and secure environment, ready for immediate use. These versatile outdoor areas are primed to accommodate everything from vehicle parking to outdoor storage or potential new construction. One of the highlights of this property is an older home that has been transformed into a unique office space. With a charm that's hard to replicate, this building provides a distinctive edge that will set your business apart. Whether you're looking to establish a new business, expand an existing one, or diversify your real estate portfolio, this unique Cold Lake opportunity it for you. (id:39198)
Location
Province
Alberta
City
Cold Lake
Address
3610 & 3606 50 St
Postal Code
T9M1S6
Location Highlights
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Listed by
Century 21 Poirier 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
$699,000
Asking Price
$699,000
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
N/A
Market Competition
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