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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
Discover an incredible commercial development opportunity in the thriving community of Nobleford, just 20 minutes from Lethbridge! This property includes six adjacent vacant lots being sold together, providing ample space and flexibility to bring your business vision to life. This package offers exceptional value for investors and developers alike.Perfectly positioned next to a well-established community pharmacy, this location benefits from consistent local traffic and excellent visibility. The possibilities are nearly endless - imagine a grocery store, hardware store, restaurant, pub, or another exciting addition to Nobleford’s growing commercial landscape. Don’t miss your chance to invest in this expanding community and create something special! (id:39198)
Location
Province
Alberta
City
Nobleford
Address
King
Postal Code
T0L1S0
Location Highlights
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Listed by
Grassroots Realty Group 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
$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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