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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$849,900
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
Exceptional 11494 Sq. Ft. Lot 50' x 229.88' in SIZE right here in Bowness for all your Building needs. There is an approximate 824 Sq. Ft. Bungalow located on it that we do NOT have access to and is currently rented up and down and a 4 Car Heated Detached Garage/Shop 16.5' X 52' 824 Sq. Ft. in Size. The property is for the LAND ONLY and NO ACCESS will be given to either the house nor the Garage/Shop. There is a Shed as well. Imagine what you could do with this size parcel??? Endless possibilities, and Great Location too. To change the Zoning from R-C2 to a M-C1, you would need to apply through City of Calgary the Land Use Amendment. Builders looking for your next opportunity, then you need to drive by this parcel and see for yourself. (id:39198)
Location
Province
Alberta
City
Calgary
Address
6516 35 Avenue Nw
Postal Code
T3B1S8
Location Highlights
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Listed by
RE/MAX House of Real Estate 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
$849,900
Asking Price
$849,900
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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