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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$199,900
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
No need to pay rent for your own firm/business! Great opportunity to own this 2 office/retail commercial units situated in the high exposure traffic & busy 66 Street. This is a high rise commercial residential mix building and these 2 units are on the main floor. Listing price is for 2 commercial units and have 2 separate land titles. Features total of 1105 sqft with 2 separate front doors, reception area, open concept office areas, bathroom, lunch room, storage rooms, etc. 2 underground parking stalls & 2 surface parking stalls at the back of the building. Currently operating as accountant firm. RA9 zoning, new buyer could operate same business or set up for others, like lawyer firm or apply to convert these units to various retails. Walking distance to LRT station & easy access to all amenities. Perfect for owner operators & investors! Don't miss! (id:39198)
Location
Province
Alberta
City
Edmonton
Address
12833 12835 66 St Nw
Postal Code
T5C0A4
Location Highlights
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Listed by
RE/MAX Elite 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
1,105
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
$199,900
Asking Price
$199,900
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)
1,105
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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