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Retail Property For Sale at 11957 Jasper Avenue NW in Edmonton, Alberta

4 Sale ID #197030
Updated 04 May 2024

Asking Price

$594,000

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

Click brochure link for more information** Investment opportunity in Edmonton’s booming ‘West Village’. ‘West Village’ in Oliver is attractinghundreds of millions in investment from groups such as One Properties, Cidex, Autograph, Leston, and more. This is your opportunity to invest alongside them. This 1,102 SF space is leased to Bar Clementine, an elegant, award winning, bar inspired by nature and early 20th century French Art Nouveau. Bar Clementine continuously elevates food and drink in Edmonton. (id:39198)

  • MLS® : #A2102331
  • Date Listed : 18 Jan 2024

Location

Province

Alberta

City

Edmonton

Address

11957 Jasper Avenue Nw

Postal Code

T5K0P1

Location Highlights

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Listed by

Honestdoor Inc. Alberta listing

Category

retail-properties

Property Information

Premise Status

N/A

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

1,012

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

$594,000

Asking Price

$594,000

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.

N/A

Premises Size (square feet)

1,012

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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