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Office Building For Sale at 207 14 Street NW in Calgary, Alberta

4 Sale ID #128469
Updated 03 May 2024

Asking Price

$1,700,000

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

Great Location! Right on Busy Street of 14 st NW in Great Kensington. This building is in execellent shape with 10 parking stalls in the back. Spacious 30 stall pay parking on the south side of this building. Well maintenance. Main floor with 2425 sqft and second floor with 2912 sqft current vacant.. Good investment property! Don't miss it. Give us a call to setup a viewing and you will love this gem! (id:39198)

  • MLS® : #A2036343
  • Date Listed : 30 Mar 2023

Location

Province

Alberta

City

Calgary

Address

207 14 Street Nw

Postal Code

T2N1Z6

Location Highlights

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Listed by

YMK REAL ESTATE & MANAGEMENT INC. 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

5,337

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

$1,700,000

Asking Price

$1,700,000

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)

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

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Premises Size (square feet)

5,337

Other Information

Owner willing to Finance

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Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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