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Office Building For Sale at 16 2820 3 Avenue NE in Calgary, Alberta

4 Sale ID #220271
Updated 04 May 2024

Asking Price

$465,000

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.

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Lot Size

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Building Size

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Premise Summary

This fully serviced 1, 718 square foot commercial bay is for SALE! Located in close proximity to all amenities, Marlborough LRT station and quick access to Deerfoot, Stoney Trail, Calgary International airport and 10 minutes from downtown. This space has great potential for someone looking to start or move their business to a central location with plenty of customer access. Whether you envision a high-end boutique, a bustling office space, or a niche service hub, the possibilities are endless. It's time to. turn your business dreams into reality! (id:39198)

  • MLS® : #A2118623
  • Date Listed : 28 Mar 2024

Location

Province

Alberta

City

Calgary

Address

16 2820 3 Avenue Ne

Postal Code

T2A7P5

Location Highlights

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Listed by

CIR Realty Alberta listing

Category

office-buildings

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

16,469

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 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

$465,000

Asking Price

$465,000

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

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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)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

16,469

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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