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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$525,000
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
RARE OPPORTUNITY ON STRATHEARN DRIVE! Build your custom dream home on this exceptional 321.76 m² vacant lot offering panoramic views of Edmonton’s downtown skyline, river valley, and the Muttart Conservatory. Located in one of the city’s most prestigious and scenic communities, this property is zoned RF3. Whether you envision a modern masterpiece with rooftop patio, triple underground garage, or luxury walkout, this lot is your canvas. Just steps from the LRT, Gallagher Park, Folk Fest grounds, and minutes to downtown, Whyte Ave, and the U of A. This is your chance to live above it all in a location that offers both natural beauty and urban convenience. Don’t miss this once-in-a-lifetime opportunity! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
Strathearn
Postal Code
T6C4E2
Location Highlights
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Listed by
RE/MAX Real Estate 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
$525,000
Asking Price
$525,000
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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