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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$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
For Sale or For Lease - Commercial office building on 2 lots (85' x 130') centrally located in Elk Point along the busy Railway Ave. This 2400 sqft office building has so much potential to suite numerous business plans - Give it some thought. Currently it offers 9 office spaces, reception area, kitchenette, washrooms and utility room. With small renovations - the sky is the limit. 40' seacan is included. Taxes $2182.75/ 2023. (id:39198)
Location
Province
Alberta
City
Elk Point
Address
5126 Railway Av
Postal Code
T0A1A0
Location Highlights
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Listed by
Property Plus Realty Ltd. 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
2,400
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
$100,000
Asking Price
$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)
2,400
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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