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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$989,000
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
85 ACRES PRIME HIGHWAY INDUSTRIAL COMMERCIAL Transcanada Highway at Bassano borders this property to the North. HWY 550 becomes TWP RD 212, then 11 Street entering Town of Bassano Corporate limits. 2 separately titled parcels are zoned Industrial Commercial. Easy "truck route" access to this parcel with potential for access from various locations. Excellent visibility on HWY 1. Buy now & enjoy the lease income from farm tenant while you work on your development and Area Structure Plan with the Town of Bassano and County of Newell. Full municipal services at West side of the land and near to the North end of the land. Town Of Bassano Land Use By-Law provides thorough information on discretionary and permitted uses. Large Commercial Industrial parcels such as this one with Transcanada Highway visibility, potential water access & on pavement come for sale very seldom. Come see why Bassano is growing & be part of the momentum! (id:39198)
Location
Province
Alberta
City
Bassano
Address
Blocks 1 & 2 Plan 8211673 11 Street
Postal Code
T0J0B0
Location Highlights
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Listed by
Royal LePage Community Realty 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
$989,000
Asking Price
$989,000
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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