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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,000
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
Listing price already includes GST! 150 x 48 LOT in Downtown Edmonton! Priced to SELL! This piece of land offers incredible potential for development. The site is zoned for High DensityResidential (HDR), allowing, tentatively, for a building with 14 - 15 units. Any plans for a high rise with more units are subject to zoning approval. The site provides breathtaking views of the Edmonton River Valley and the Alberta Legislature. Located just minutes from MacEwan University, this prime location is close to shopping, transit, and Jasper Ave. This opportunity won’t last long at this price! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
105
Postal Code
T5K1A5
Location Highlights
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Listed by
Homes & Gardens Real Estate Limited 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
$549,000
Asking Price
$549,000
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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