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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$178,000
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
ONE FULL ACRE WITH SOUTH WALKOUT LOT FOR SALE. 110FT X 400 FT. BUILD YOUR LARGE DREAM HOME AND ENJOY COUNTRY STYLE LIVING IN THE PEACEFUL HAMLET OF CHEADLE, ALBERTA, T1P 0X8. *SEE 2000SQFT BUNGALOW DRAWINGS FOR REFERENCE. ONLY MINUTES EAST OF CALGARY AND CHESTERMERE. LARGE 43560 SQFT SOUTH WALKOUT LOT ON A QUIET PAVED STREET. 33.7 METER FRONTAGE. 121 METER DEPTH. VERY LITTLE TRAFFIC. DRILLED WATER WELL ON PROPERTY. ELECTRICITY AND GAS AT PROPERTY LINE. LOT HAS BEEN PARTIALLY EXCAVATED. SELLER IS NOW RESTORING BUILDING SITE TO ROAD GRADE WITH PROPER COMPACTED FILL. WILL BE COMPLETED WITHIN 60 DAYS OF ACCEPTANCE OF OFFER. R-1 RESIDENTIAL ZONING. PERMITTED USE FOR RESIDENTIAL HOME / ACCESSORY RES BUILDING / MANUFACTURED HOME / DETACHED DWELLING / ETC. NO BUILDING COMMITMENT. 421 RAILWAY AVENUE, CHEADLE. EASY ACCESS FROM TRANS CANADA HIGHWAY AND HIGHWAY 24. SIGN ON PROPERTY. CONTACT FOR SITE DETAILS. THANK YOU. (id:39198)
Location
Province
Alberta
City
Cheadle
Address
421 Railway Avenue W
Postal Code
T1P0X8
Location Highlights
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Listed by
RE/MAX Complete 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
$178,000
Asking Price
$178,000
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
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Market Competition
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