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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$449,000
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
Situated in a prime Main Street location, this versatile property presents a remarkable opportunity for those seeking to invest in a high-traffic area. Featuring a paved parking lot, this site ensures easy accessibility for all your customers. The property is strategically positioned close to local schools, enhancing its appeal to a wide range of people. Currently, the space is divided into two distinct sections: a retail area and a food services space, catering to diverse business needs. Its prominent location guarantees maximum visibility, making it an ideal spot for businesses aiming to be seen and flourish. Additionally, the convenience of having residential homes & numerous amenities within walking distance adds to the allure of this property, making it a not-to-be-missed business opportunity for aspiring entrepreneurs and established businesses alike. (id:39198)
Location
Province
Alberta
City
St. Paul Town
Address
4506 50 Av
Postal Code
T0A3A2
Location Highlights
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Listed by
Century 21 Poirier 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
4,929
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
$449,000
Asking Price
$449,000
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.
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.
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Premises Size (square feet)
4,929
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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