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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$549,900
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
This building is located in the Town of Claresholm. Situated on the eastern boundary of the community, the building is surrounded by mature trees within its five acre site. Full municipal services, paved roads, concrete sidewalks and exterior lighting. The property is zoned Public (P) and was built in 1957 while the western portion of the building was added at a later date. The building is 20,586sqft on the main floor with 11,417sqft of developed lower space - providing great opportunity for office space, a care facility or other business ventures. With a number of perimeter entrances, there is tremendous flexibility and potential within the space. There is lots of space for future development. The building sits beside the Porcupine Hills Lodge, with farmland to the east and borders 5th Street East in Claresholm. A great location, situated in an amazing community - this building will be a definite asset to any business portfolio. Please call for details. (id:39198)
Location
Province
Alberta
City
Claresholm
Address
5202 5 Street E
Postal Code
T0L0T0
Location Highlights
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Listed by
RE/MAX Real Estate (Central) 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
20,586
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
$549,900
Asking Price
$549,900
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)
20,586
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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