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Land For Sale at 415 Edmonton Trail NE in Calgary, Alberta

4 Sale ID #215786
Updated 24 May 2024

Asking Price

$1,800,000

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

Lot Size

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Building Size

N/A

Premise Summary

Attention Builders and Investors, A Convenient Multi-Residential M-C2 Development Site located in the popular Crescent Heights Community. With open views to the southern river and downtown direction. A Walking distance to downtown and close to many amenities along the Edmonton Trail and Centre Street North. The 411 Edmonton Trail adjoining lot is included in this listing. This 11,388 sqft M-C2 lot, with 155 feet frontage, offers great opportunities for builders and investors alike to develop their close-in-downtown dream residential projects. (id:39198)

  • MLS® : #A2115264
  • Date Listed : 15 Mar 2024

Location

Province

Alberta

City

Calgary

Address

415 Edmonton Trail Ne

Postal Code

T2E3S5

Location Highlights

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Listed by

TREC The Real Estate Company Alberta listing

Category

land

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

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

N/A

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

$1,800,000

Asking Price

$1,800,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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