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Retail Property For Sale at 106 10126 120 Avenue in Grande Prairie, Alberta

4 Sale ID #279298
Updated 11 Dec 2024

Asking Price

$280,000

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

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)

  • MLS® : #A2163447
  • Date Listed : 06 Sep 2024

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

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

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 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

$280,000

Asking Price

$280,000

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)

1,154

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


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