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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$615,000
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
This rare development lot (50X120 feet)offers an exceptional opportunity to build your dream project in a highly sought-after area, with a development permit already approved—saving you valuable time and effort in the planning process. Nestled in a tranquil yet connected neighborhood, this lot provides the perfect balance of nature and urban amenities.Key Features include Approved Development Permit: Ready to start your project today. Proximity to Bowness Park: Just moments from one of Calgary's most beloved green spaces, offering stunning river views, trails, and recreational activities. Nature at Your Doorstep: Enjoy easy access to serene parks, bike paths, and the beautiful Bow River. Convenient Amenities Nearby: A short drive to major shopping destinations like Superstore and the exciting new farmers market, ensuring you're never far from essentials and fresh local goods. Great Local Schools & Child Care:Belvedere Parkway School is just around the corner, providing excellent education options for young families. Thornhill Child Care offers nearby daycare services, making it an ideal spot for working parents. Easy Access to Major Roads: Quick connections to 16 Avenue/Trans-Canada Highway make weekend mountain trips and out-of-town adventures a breeze. Growing Community: A desirable location in a neighborhood that’s becoming one of Calgary’s most vibrant areas. Whether you’re an investor, builder, or looking to create a custom home, this lot offers incredible potential in an unbeatable location. Don’t miss out on this exciting opportunity! (id:39198)
Location
Province
Alberta
City
Calgary
Address
47
Postal Code
T3B2A1
Location Highlights
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Listed by
MaxWell Canyon Creek 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
$615,000
Asking Price
$615,000
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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Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
