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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$599,900
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
N/A
Premise Summary
PROPERTY IS LISTED AT ASSESSED VALUE & VENDOR MOTIVATED!!! A more economical opportunity for commercial ventures seldom becomes available, but one did. Over 10,000 sq. ft. of commercial / retail space under one roof. Exposure? This property is situated just off Hwy 35, serving well over 20,000 people from town & surrounding communities, with access highway into the Northwest Territories. The mezzanine is home to 2 offices & storage space. In addition, there is a public washroom & customer services workspaces. The lot has chain link fencing and a sliding gate for security. Perhaps you have been searching for the ideal property to start your business venture, maybe a store for the farmer's needs, a home Improvement or an inside children's play park with party rooms. Whatever business venture you have been dreaming of? This property offers you not only the perfect location but also the space. The potential is endless... (id:39198)
Location
Province
Alberta
City
High Level
Address
11305 95 Street
Postal Code
T0H1Z0
Location Highlights
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Listed by
Century 21 Prime Realty (2002) Ltd. Alberta listing
Category
Property Information
Premise Status
Includes REAL ESTATE
With Accommodation
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Tenancy
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Lot Size
N/A
Available Space
N/A
Building Size
10,710
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
N/A
Operational Information
Number of Working Owners
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Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$599,900
Asking Price
$599,900
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.
N/A
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.
N/A
Premises Size (square feet)
10,710
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
