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Office Building For Sale at 615 Main Street in Pincher Creek, Alberta

4 Sale ID #141528
Updated 28 Apr 2024

Asking Price

$270,000

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

Here is a commercial building with lots of potential. Currently set up a large reception area, seating area, 5 offices, 2-2 piece baths and a large kitchen area on the main floor with a storage and work area in the drive-out basement, this property could be developed to suit your needs. If more room is needed, there is potential for building expansion! New roof in 2010. Motivated seller! (id:39198)

  • MLS® : #A2035921
  • Date Listed : 29 Jun 2023

Location

Province

Alberta

City

Pincher Creek

Address

615 Main Street

Postal Code

T0K1W0

Location Highlights

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Listed by

THE VILLAGER REAL ESTATE CO. 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

2,470

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

$270,000

Asking Price

$270,000

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

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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.

N/A

Premises Size (square feet)

2,470

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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