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Office Building For Sale at 10 Fairgrounds Road in Northern Sunrise, Alberta

updated
4 Sale ID #31438
Updated 27 Apr 2024

Asking Price

$299,000

Cap Rate help 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

Great site for your business with the utilities already there - 2.47 acres with a 1375 sq ft office building and a 1050 sq ft garage. Fenced yard with gate - easy access to Hwy 2 and large enough property for trucks and trailers. (id:39198)

  • MLS® : #A1083770
  • Date Listed : 17 Mar 2021

Location

Province

Alberta

City

Northern Sunrise

Address

10 Fairgrounds Road

Postal Code

T8S1S4

Location Highlights

N/A

Listed by

Century 21 Town and Country Realty Alberta listing

Category

office-buildings

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,375

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$299,000

Asking Price

$299,000

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,375

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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