BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,743,000
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
Lot Size
N/A
Building Size
N/A
Premise Summary
Welcome to Riverbank Landing! Rare opportunity to purchase mixed-use development land within St. Alberts most exciting development on the banks of the Sturgeon River. Land is fully serviced and ready for building permits with all off-site levies prepaid. Lot 1 (0.83 acres) can be sold separately or combined with Lot 5 (1.13 acres) for a total of up to 1.96 acres. Planned development includes approximately 1,200 residents living directly on site. Mixed-use zoning provides a wide variety of development options.Other Property Types: Commercial LandOwnership Interest: PrivateSite Services: See RemarksTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Michael ParsonsAppointment Phone: 780-436-7410Paragon Listing ID: E4448066 (id:39198)
Location
Province
Alberta
City
St. Albert
Address
Bellerose
Postal Code
T8N7P7
Location Highlights
N/A
Listed by
NAI Commercial Real Estate Inc Alberta listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$1,743,000
Asking Price
$1,743,000
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.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing