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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$1,150,000
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
This distinctive DC2-zoned property offers exceptional commercial flexibility, ideally located just one block from Stony Plain Road. It is well suited for a boutique professional organization such as a design or architecture firm, marketing or media agency, wellness or therapy practice, consulting group, or other specialized service business.With over 5,000 sq. ft. of functional space across three levels, the thoughtfully designed layout includes private offices, collaborative workspaces, a welcoming reception area, kitchen facilities, and a purpose-built photography studio featuring 12-foot ceilings. The open and expansive basement level provides excellent versatility, making it ideal for group programming, training, creative production, or specialty work requiring generous open space.The main floor is fully handicap accessible, and the property currently holds both health and fire approvals, providing added confidence for a wide range of commercial uses. Ample parking is available with rear parking for a minimum of six vehicles, along with convenient street parking for clients at the front. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
100a Avenue
Postal Code
T5P0M3
Location Highlights
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Listed by
Century 21 All Stars 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
5,150
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
$1,150,000
Asking Price
$1,150,000
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)
5,150
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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