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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$525,000
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
Positioned in an established commercial area, this condo bay is surrounded by vibrant business activity, offering easy access to major roads, public transportation, and a plethora of amenities. Take advantage of the option to build a mezzanine( subject to city approval and local regulations.), providing additional square footage for offices, storage, or specialized workspaces. Enhance the functionality of your business space to meet specific requirements. The property includes ample parking space for you, your employees, and clients, ensuring convenient access to your commercial condo bay. It is an ideal space for small businesses, creative studios, tech startups, professional services and showrooms. There is an option to lease it as well if the buyer is not able to get the financing right away. (id:39198)
Location
Province
Alberta
City
Calgary
Address
2150 76 Westwinds Crescent Ne
Postal Code
T3J2E7
Location Highlights
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Listed by
Royal LePage METRO 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
1,200
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
$525,000
Asking Price
$525,000
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)
1,200
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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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.
