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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$2,488,000
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 8,660 square feet(more or less), BE (IB) zoned commercial unit is located along 184 street with easy access to and from- Anthony Henday, Stony Plain Road and Yellowhead Trail. The main floor is appx. 5,591square feet 3,069 square feet show room and, appx. 2,522 square feet warehouse in rear), and appx. 3,069 square feet finished second floor. Warehouse has grade and dock loading doors with a substantial sized yard. Main floor has reception, washroom, Kitchen, glass fireplace, water wall and two boardrooms/offices. Grand staircase leads to the second floor that has sizable working island, office spaces, private glass cabin and another washroom. This move-in ready space has quality finishes such as-- tiled and hardwood floors, marble, glass, designer wallpapers, adjustable lighting fixtures and elegant shelving and display units. The unit is ideal for business such has Home Decor and Furnishing, Event Centre, Financial and Insurance, Fitness, Billiard Banquet Hall etc. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
10532 184 St Nw Nw
Postal Code
T5S0B2
Location Highlights
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Listed by
RE/MAX Excellence 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
8,660
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
$2,488,000
Asking Price
$2,488,000
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)
8,660
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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