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Land For Sale at 5826 110 ST NW in Edmonton, Alberta

4 Sale ID #167286
Updated 04 May 2024

Asking Price

$749,000

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

Welcome to the sought after neighborhood of Pleasantview. This large lot nearly 85 feet wide x 130 feet long (25.9 meters wide x 39.7 meters long) is located on a beautiful treelined street with a West facing backyard. Property also comes with a 4 car garage built in 2015 which offers a suite with a bathroom and 220V service. Many development options with this size of property. Prime central location close to shops, restaurants, U of A, the LRT and a quick commute to downtown and Whyte Ave. (id:39198)

  • MLS® : #E4360869
  • Date Listed : 04 Oct 2023

Location

Province

Alberta

City

Edmonton

Address

5826 110 St Nw

Postal Code

T6H3E3

Location Highlights

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Listed by

Initia Real Estate 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

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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

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Financial Information

Yearly Rate

$749,000

Asking Price

$749,000

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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