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Benefits
Asking Price
$519,995
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
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)
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
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
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 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
$519,995
Asking Price
$519,995
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)
2,706
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
N/A
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