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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,100,000
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: Own Your Office Condo in the Heart of Downtown's West End!Imagine owning your office space in the prestigious WESTMOUNT PLACE SW, a landmark property boasting luxury residential units and four floors of commercial office condos. This exceptional property features 12 offices, an executive boardroom with expansive windows, a welcoming reception area, a comfortable waiting room, and convenient coffee and utility spaces.Enjoy access to outstanding building amenities, including a swimming pool, gym, squash/racquetball courts, hot tub, and 24-hour concierge service. Located close to coffee shops, banks, restaurants, shopping malls, bike paths, Princess Island Park, and riverfront trails, this is the ideal location for any professional seeking a downtown workspace.Perfectly suited for law firms, accounting practices, engineering consultants, tech startups, and more, this unit is a must-see for professionals seeking a premier downtown location. With its proximity to the 7th Avenue free transit line and ample parking, Westmount Place is easily accessible from all parts of the city. Investors are welcomed as well.This unit includes 4 parking spots. Book your viewing today to seize this incredible opportunity! (id:39198)
Location
Province
Alberta
City
Calgary
Address
201 1100 8 Avenue Sw
Postal Code
T2P3T8
Location Highlights
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Listed by
First Place Realty 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
43,782
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
N/A
Financial Information
Yearly Rate
$1,100,000
Asking Price
$1,100,000
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)
43,782
Other Information
Owner willing to Finance
N/A
Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
