rotate

Rotate your device back to portrait Mode!

Retail Property For Sale at 104 9899 112 Avenue in Grande Prairie, Alberta

4 Sale ID #143223
Updated 11 Dec 2024

Asking Price

$399,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Versatile commercial space located in a landmark plaza that is ideal for an owner operator to make their own. The current owner has outgrown the space and needs to upsize, the location has been great for their business. This property consists of a total of 2,500 sq.ft. which includes 1,000 sq.ft. of mezzanine area and offers great exposure onto 98 Street with ample parking for clients. Currently the unit is operating as a retail location, with offices and staff area upstairs, but would be ideal as a professional space or any number of business'. This could be your chance to own your own building and have your business pay the rent at a price point that will not break the bank. Call your Commercial Realtor® today to book a showing. (id:39198)

  • MLS® : #A2066489
  • Date Listed : 17 Jul 2023

Location

Province

Alberta

City

Grande Prairie

Address

104 9899 112 Avenue

Postal Code

T8V7T2

Location Highlights

N/A

Listed by

RE/MAX Grande Prairie Alberta listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,500

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$399,000

Asking Price

$399,000

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

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

2,500

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors
help
Rate this listing for your dashboard.

Can't find what you're looking for?
Discover our vault of Non-MLS listings by working with our Licensed, Professional Buyer Advisors