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Land For Sale at 37 Chonkolay Drive in High Level, Alberta

4 Sale ID #77940
Updated 03 May 2024

Asking Price

$60,000

Cap Rate help 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

There is something very enticing about this particular lot. While you have more than enough room to build your 1600+ sq.ft. home on it,,,, why not look at purchasing the one right next to it as well and have close to 1 acre where you will have the opportunity of developing an absolutely spectacular yard site. Located within walking distance of the hospital (as you can see in the background of the pic, as well as walking distance to Tim Horton's & shopping? This really is the perfect location. (id:39198)

  • MLS® : #A1047083
  • Date Listed : 04 Nov 2020

Location

Province

Alberta

City

High Level

Address

37 Chonkolay Drive

Postal Code

T0H1Z0

Location Highlights

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Listed by

Century 21 Prime Realty (2002) Ltd. Alberta listing

Category

land

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$60,000

Asking Price

$60,000

Cap Rate help 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 help 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 help 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 help 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

N/A


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