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Retail Property For Sale at 4000 42 Street in Rocky Mountain House, Alberta

4 Sale ID #107594
Updated 29 Apr 2024

Asking Price

$999,700

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

Lot Size

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Building Size

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Premise Summary

Highway commercial ideal for development and prime visibility. Located on the very back to the property is a beautiful 1791 sq.ft bungalow with park like landscaping. Opportunity to subdivide house & develop front parcel for hotel, gas station or strip mall. Lots of possibilities. The house is quality built with many extras and very well maintained. (id:39198)

  • MLS® : #A1259153
  • Date Listed : 01 Oct 2022

Location

Province

Alberta

City

Rocky Mountain House

Address

4000 42 Street

Postal Code

T4T1A7

Location Highlights

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Listed by

Century 21 Westcountry Realty Ltd. Alberta listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

3,497

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

$999,700

Asking Price

$999,700

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

3,497

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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