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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$120,000
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
Welcome to the Bassano Large Lot Subdivision, where the beauty of nature meets the freedom to build your dream home and business. Bassano is a hidden gem, offering scenic nature, abundant outdoor activities, and the charm of a community that’s growing while preserving its rich character. Spend your days by the dam, explore the nearby Crawling Valley Reservoir and campground, or paddle along endless canals. Enjoy the town's outdoor pool, a local arena, and a downtown that's being revitalized to blend modern convenience with timeless appeal. This development features a total of 12 lots for sale, ranging from 1.7 acres to 3.22 acres, with water, gas, and power run to the lot line—making these lots ready to go for your dream build. Priced at just $60,000 per acre, this is an unbeatable value for such spacious and well-equipped property. As an added incentive, enjoy a 3-year tax rebate to make your investment even more rewarding! Perfect for business owners, this subdivision offers the flexibility to operate home-based businesses. Whether you’re running small shops, trucking and servicing businesses, or supporting local industries, this is the ideal location for your venture. With secondary and backyard suites permitted, this development also addresses Bassano’s growing demand for housing. Families will love the convenience of a K-12 school right in town, making it easy to settle in and enjoy all that Bassano has to offer. Own an acreage in town and take advantage of this rare opportunity to live, work, and thrive in a vibrant, expanding community! (id:39198)
Location
Province
Alberta
City
Bassano
Address
Ambursen
Postal Code
T0J0B0
Location Highlights
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Listed by
Real Estate Professionals Inc. 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
$120,000
Asking Price
$120,000
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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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.
