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Retail Property For Sale at 5005 50 AV in Bonnyville Town, Alberta

4 Sale ID #156529
Updated 01 May 2024

Asking Price

$225,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

This well-positioned building has served as the home to a thriving and well-established business for over 12 years, located in the heart of downtown Bonnyville with Highway 28 passing through. Offered for sale as Land and Building only, the business itself is not included. The property boasts numerous renovations over the years and is meticulously maintained. With a commendable cap rate of 8%, this presents a sound investment opportunity with the added benefit of peace of mind. Whether you're looking to expand your investment portfolio or start a new venture, this property holds the potential for a lucrative and secure business endeavor in a prime location. (id:39198)

  • MLS® : #E4357980
  • Date Listed : 09 Sep 2023

Location

Province

Alberta

City

Bonnyville Town

Address

5005 50 Av

Postal Code

T9N2J6

Location Highlights

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Listed by

Coldwell Banker Lifestyle 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

2,500

Year Built

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Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$225,000

Asking Price

$225,000

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.

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)

2,500

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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