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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$698,888
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
Solid 2 storey commercial building in the heart of Vietnam and Chinatown across from Lucky 97 Supermarket, approximately 2060 sqft on the main floor. Formerly Linton Drugs Business for over 40 years. Approximately 1700 sqft 3 Bedroom suite with fireplace, 2 decks, bath & ensuite. Basement was used as a bean sprout factory. Main floor retail suitable for all kind of business such as: Pharmacy, Medical clinic, Lawyers, Retail...Live upstairs or rent it out. Suite upstairs is occupied by seller's relative. Price reduced to sell, Will look at all offers. (id:39198)
Location
Province
Alberta
City
Edmonton
Address
10724 97 St Nw Nw
Postal Code
T5H2L8
Location Highlights
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Listed by
RE/MAX Real Estate 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
3,803
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
$698,888
Asking Price
$698,888
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)
3,803
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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