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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$140,000
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
Main street frontage on the busiest street in Morinville. Vacant commercial lot for sale: parcel size 35x198 or 6,930 sq. ft. Main street frontage with rear alley access! Asking price $140,000; zoned C-2 General Commercial. This would be an ideal location to build a building for your business and possibly lease part of the space to offset costs. The 50 X 198 lot next door is also for sale, seller would sell both for $289,900.00. Show and Sell with confidence! (id:39198)
Location
Province
Alberta
City
Morinville
Address
9808 100 St
Postal Code
T8R1P7
Location Highlights
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Listed by
RE/MAX Professionals 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
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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 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
$140,000
Asking Price
$140,000
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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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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