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Retail Property For Sale at 101 & 105 3919 49 Ave in Stony Plain, Alberta

4 Sale ID #183611
Updated 03 May 2024

Asking Price

$1,498,000

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

Great investment opportunity! This 4225 +/- square foot commercial condominiumized building is located along Stony Plain's busy Railway Avenue. The building is currently leased with long term tenant. Modern building with plenty of parking and rear entrance. Near gas station, bakery, car wash and auto/tire shop. Along a high traffic road with great front exposure. Easy access to highway 16A via 48 Street. (id:39198)

  • MLS® : #E4366123
  • Date Listed : 22 Nov 2023

Location

Province

Alberta

City

Stony Plain

Address

101 & 105 3919 49 Ave

Postal Code

T7Z2J7

Location Highlights

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Listed by

Royal LePage Noralta Real Estate Alberta listing

Category

retail-properties

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

4,225

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

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Financial Information

Yearly Rate

$1,498,000

Asking Price

$1,498,000

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.

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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.

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Premises Size (square feet)

4,225

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

N/A


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