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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$519,000
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
CB1 zoned freestanding commercial building with excellent 66 Street exposure just one minute from Yellowhead Trail. Approx. 2,640 sq. ft. with offices, lunchroom, 2 bathrooms, and shop area with radiant heat, 12 ft. ceilings, and two overhead doors (10 ft. and 9 ft.). Air conditioned with ample power and paved parking front and rear. Includes additional fenced vacant lot (33x126 ft.) ideal for yard storage or future development or subdivide. Suitable for automotive, trades, service, or retail use.Other Property Types: Industrial,Commercial LandOwnership Interest: PrivateSite Services: Cable at Lot Line,Electricity,Fully Serviced,Garbage Collection,Lane Paved,Natural Gas,See Remarks,Telephone,Street LightingTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoParagon Listing ID: E4463853 (id:39198)
Location
Province
Alberta
City
Edmonton
Address
66
Postal Code
T5B1J8
Location Highlights
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Listed by
REMAX River City 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
2,640
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
$519,000
Asking Price
$519,000
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.
N/A
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)
2,640
Other Information
Owner willing to Finance
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Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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