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Land For Sale at 5106 50 Street in Whitecourt, Alberta

4 Sale ID #203312
Updated 05 May 2024

Asking Price

$109,900

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.

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Lot Size

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Building Size

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Premise Summary

This lot offers unparalleled potential for your business venture! Situated right on Main Street, with a generous 5850 square feet of space, including a solid 4000 square feet concrete pad. An engineer report is on file, ensuring the integrity of the concrete slab. Plus, convenient back alley access adds flexibility to your plans. Don't miss out on this opportunity to bring your vision to life – this lot is primed and ready for construction! (id:39198)

  • MLS® : #A2106503
  • Date Listed : 07 Feb 2024

Location

Province

Alberta

City

Whitecourt

Address

5106 50 Street

Postal Code

T7S1V4

Location Highlights

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Listed by

RE/MAX ADVANTAGE (WHITECOURT) Alberta listing

Category

land

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 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

$109,900

Asking Price

$109,900

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.

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Gross Revenue- annual

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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)

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EBITDA help 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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