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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$459,000
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
Excellent opportunity to own a building with prime location in the downtown area of Camrose. The main floor unit is currently under a lease agreement for 1 year with the option to continue for longer term. This office space is a nicely developed 1652 square feet with a spacious main lobby/reception area, 6 offices, 1 wheel chair accessible Bathroom, Kitchen area and Boardroom. This unit comes complete with an ac unit and security system along with all office desks furniture. This office space is ideal for professionals, accountant's, lawyers and more. The upstairs unit offers a lobby area, large office room or board room, an additional 8 offices down the hallway, storage/locker room, gym room, shower room and bathroom. Total square feet for the building is 3,434. There is parking stalls in the back of the building plus ample storage in the attached garage facing the back of the building. The property offers a great location and easy customer access/parking. This is an Excellent Opportunity and a Great Place For Your Business in Downtown Camrose. Take a Look! (id:39198)
Location
Province
Alberta
City
Camrose
Address
4811 51 Avenue
Postal Code
T4V0V4
Location Highlights
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Listed by
eXp 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
3,434
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
$459,000
Asking Price
$459,000
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)
3,434
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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