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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$845,000
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 versatile industrial building (zoned IM) offers an excellent combination of functional shop space and well-sized office areas, making it ideal for a variety of commercial or light industrial uses. The warehouse/shop measures 50’ x 30’ and features a durable, fully epoxy-finished floor and 2pc bathroom. Ceiling heights reach approximately 32’ at the peak and 20’ - 24’ at the low end, providing outstanding vertical clearance for equipment, racking, or storage. A 16’ x 14’ overhead door enhances accessibility, while a well-designed tool crib and mezzanine add valuable storage efficiency. Complementing the warehouse is a thoughtfully designed office component with both main-floor and mezzanine offices, each measuring 30’ x 30’. The main level includes two offices, an attractive reception area with built-in desk, granite countertops, filing and storage, plus a two-piece bath and kitchenette. The upper level features two additional offices, an executive boardroom, staff kitchen, two-piece bath, and eating area. A fenced rear yard measuring 30’ x 130’ is available for storage at $588 per month if required. Overall, this property presents an excellent opportunity for businesses seeking a clean, functional, and well-maintained industrial space with strong ceiling height and flexible office integration. (id:39198)
Location
Province
Alberta
City
Sherwood Park
Address
Portage
Postal Code
T8H2R6
Location Highlights
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Listed by
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
3,300
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
$845,000
Asking Price
$845,000
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)
3,300
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
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