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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$75,000
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
Nestled in the heart of Stettler, this enchanting vacant lot beckons with promise. A canvas of opportunity, it sits merely one block off the bustling Main Street, where the charm of local coffee spots, major grocery stores, and delightful Main Street shops unfurls like petals in bloom. Embraced by a mature street adorned with stately trees, this plot is a tranquil haven, surrounded by amiable neighbors, only a leisurely three-block stroll away from the schools, while several church denominations are within a stones throw.Zoned R2, this parcel of land whispers the potential for a dream home or a cozy duplex, or even the birthplace of a work from home business venture. The allure of its central location, coupled with the proximity to sought-after amenities, transforms this vacant canvas into a tapestry of endless possibilities, awaiting the touch of innovation and vision. (id:39198)
Location
Province
Alberta
City
Stettler
Address
4717 51 Street
Postal Code
T0C2L2
Location Highlights
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Listed by
ROYAL LEPAGE COMMUNITY 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
$75,000
Asking Price
$75,000
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
N/A
Market Competition
N/A
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