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Suite of tools & services
Benefits
Asking Price
$149,900
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
This lot is fully serviced and offers the possibility to construct a rooftop patio, from which you can enjoy breathtaking views of the downtown skyline and the river valley. Situated mere steps away from the scenic Ada Boulevard and the North Saskatchewan River Valley, this property is nestled on a street adorned with mature trees. It boasts a north-facing front and a sun-drenched southern backyard. Explore nearby parks, follow the river valley trails, or stroll along Ada Boulevard. Take advantage of local favorites such as Bodega, Fox Burger, Mandolin Coffee, and Kind Ice Cream. The location provides easy access to the downtown area, Wayne Gretzky Drive, Yellowhead Trail, and Anthony Henday, making for a swift commute to Costco on 50th street or to Sherwood Park. It's also conveniently close to Ivor Dent School (K-9) and Highlands School (K-9). This is an opportunity you won't want to miss! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
3653 106 Av Nw
Postal Code
T5W0C4
Location Highlights
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Listed by
Exp 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
$149,900
Asking Price
$149,900
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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