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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$94,900
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
Prime Commercial Lot in the Heart of Downtown Whitecourt - An exceptional opportunity awaits with this 6,250 sq ft C-5 zoned bare land parcel located directly on one of downtown Whitecourt’s main arteries. This high-exposure lot offers excellent visibility and accessibility for a variety of commercial uses, including retail, office, or service-based businesses.Fully fenced on three sides and featuring rear alley access, the property is ready for development with flexible zoning that supports a wide range of commercial possibilities. Whether you're looking to build a flagship retail space, establish a professional office, or secure a prime location for future investment, this lot delivers unmatched potential.With very few lots like this available in the downtown core, this is a rare investment opportunity in one of Whitecourt’s most strategic and high-traffic locations. (id:39198)
Location
Province
Alberta
City
Whitecourt
Address
51
Postal Code
T7S2A2
Location Highlights
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Listed by
EXIT REALTY RESULTS 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
$94,900
Asking Price
$94,900
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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Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
