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Retail Property For Sale at 8710 118 AV NW in Edmonton, Alberta

4 Sale ID #206198
Updated 07 May 2024

Asking Price

$519,995

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.

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Lot Size

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Building Size

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Premise Summary

Prime commercial STOREFRONT opportunity in Edmonton.2665 sq ft space Boasting a modern aesthetic, this property features a new front & rear facade installed in 2019. New roof 2005, ensures durability & longevity, upgraded electrical includes a 200A 240V single-phase service & 200A 240V 3-phase service, which will cater to diverse operational needs. Modern amenities: Glass/aluminum cladding, 10x10 ft. garage door, bathroom, kitchenette, Laundry tub, multiple water faucet locations, built-in counter space with drawers & more. Zoned for mixed use & with approvals in place is ideal for retail, industrial, childcare & more. The property includes 4 parking spaces, ensuring accessibility for both customers & employees. With an interior width of approx. 295 x 793,plus an additional rear room measuring 96x 131 & a ceiling height of 11-6, this space offers ample room for customization & expansion. Own property with no condo fees in a thriving community poised for growth. Create your business vision here! (id:39198)

  • MLS® : #E4373493
  • Date Listed : 15 Feb 2024

Location

Province

Alberta

City

Edmonton

Address

8710 118 Av Nw

Postal Code

T5B0T1

Location Highlights

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Listed by

RE/MAX River City Alberta listing

Category

retail-properties

Property Information

Premise Status

N/A

With Accommodation

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Tenancy

N/A

Lot Size

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Available Space

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Building Size

2,706

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

$519,995

Asking Price

$519,995

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.

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Gross Revenue- annual

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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)

2,706

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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