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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$469,900
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
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Premise Summary
Attention investors…. Take advantage of this 7125 sq ft commercial building situated in the heart of downtown Athabasca that fronts a heavily trafficked pedestrian-oriented roadway known as 49 Street. This high visibility location is the hub of Athabasca and is within walking distance to local retail, business, schools and neighborhoods, making this location very convenient for all types. This exceptionally well-maintained building has had many renovations over the years. Constructed with concrete building blocks, built out with a large open retail area, loading storage area, staff lunchroom, 2-piece bathrooms, and manager's office with 10 FT ceiling clearance is home to long-term tenants known as the local Fields store. Offering an additional opportunity to purchase MLS#A2018177 makes this an investor's dream. Call your commercial agent for more details. (id:39198)
Location
Province
Alberta
City
Athabasca
Address
4919 49 Street
Postal Code
T9S1C5
Location Highlights
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Listed by
RE/MAX Grande Prairie 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
7,125
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
$469,900
Asking Price
$469,900
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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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)
7,125
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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