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Warehouse For Sale at M 3505 32 Street NE in Calgary, Alberta

updated
4 Sale ID #215952
Updated 01 May 2024

Asking Price

$679,900

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

2614 sf IG zoned warehouse bay located by a busy corridor in the NE area of 32 Ave. Has 3 assigned stalls with ample parking in the surround area of the building. 22'ft clearance height, 14 x 10 drive-in door, 100 am phase 3 240v (TBD). Showroom and 3 offices has about 790 sf space and the warehouse is approx. 1,800 sf. Great opportunity for an owner user to purchase and operate their business or an investor collecting rental income. Please be aware automotive use is no longer permitted in the complex. All tours by appointment only. Please do not approach staff. (id:39198)

  • MLS® : #A2115307
  • Date Listed : 15 Mar 2024

Location

Province

Alberta

City

Calgary

Address

M 3505 32 Street Ne

Postal Code

T1Y5Y9

Location Highlights

N/A

Listed by

Century 21 Bravo Realty Alberta listing

Category

industrial-properties warehouses

Property Information

Premise Status

LEASED Premises

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

2,614

Year Built

N/A

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

$679,900

Asking Price

$679,900

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)

2,614

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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