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Land For Sale at 560 Canal Street in Brooks, Alberta

4 Sale ID #96195
Updated 27 Apr 2024

Asking Price

$106,500

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

SELLER IS MOTIVATED!!! INDUSTRIAL LOT FOR SALE... 1.99 acres available in the South Industrial Park Zoned Industrial General. Some of the Permitted uses are Auto and equipment paint shop, Cannabis production facilities, light manufacturing, Major retail establishment. Please check Supplements for a complete list of Permitted and Discretionary Uses. This property has easy access to Highway 36. If you are looking for a lot to house your business you will want to take a look. 550 Canal Street is also available. (id:39198)

  • MLS® : #A1242209
  • Date Listed : 22 Jul 2022

Location

Province

Alberta

City

Brooks

Address

560 Canal Street

Postal Code

T1R1C5

Location Highlights

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Listed by

CIR REALTY 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

$106,500

Asking Price

$106,500

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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