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Suite of tools & services
Benefits
Asking Price
$280,000
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
Discover the perfect space for your business in this prime commercial office or retail unit! This main level corner property boasts 1,154 square feet of versatile space, highlighted by expansive windows that flood the interior with natural light and showcase your business to the bustling street outside. Recently upgraded with new flooring and modern lighting, the unit features a generous retail area ideal for attracting customers, alongside a functional back office for administrative tasks. Additional amenities include a small staff kitchen, ample storage, a bathroom, and a convenient mop room. Whether you’re looking to elevate your retail presence or establish a dynamic office environment, this space offers both visibility and functionality. Don’t miss this exceptional opportunity to place your business at the heart of it all! The wall on the south wall was added for more retail space, but can easily be removed to open up more windows. The adjacent unit is also for sale if more space is needed. (MLS # A2162978) To view, call your commercial Realtor today! (id:39198)
Location
Province
Alberta
City
Grande Prairie
Address
106 10126 120 Avenue
Postal Code
T8V8H9
Location Highlights
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Listed by
Grassroots Realty Group 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
1,154
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
$280,000
Asking Price
$280,000
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)
1,154
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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