Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Total income received prior to any expenses.
N/A
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Cash Flow 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)
Premises Size (square feet)
3,220Monthly Rent/Sq.Ft.
N/ASave this Listing
Go to Maps
Fabulous opportunity with recent renovation upgrades! Invest in your future and enjoy complete privacy on this 80-acre parcel, located within Red Deer’s intermunicipal district along its eastern boundary. This property offers a wonderful rural lifestyle, a solid investment hold, dual-residence living, and multiple streams of farming income, including livestock, equestrian, solar, tree farming, market gardening, and grain. With its proximity to the city, this is a unique opportunity where your living investment is sure to appreciate over time.The property features a 2-storey main house (built in 1974), a mobile home (1991), a 24'x24' detached garage (1976), a 40'x26' insulated shop with cement flooring, a 50'x24' cold storage pole-style shop (1998), and numerous other outbuildings. The land is level, with approximately 32 acres of arable farmland featuring excellent soil quality, expansive pastures, low-lying areas, treed and brush sections, and a beautiful tree-lined driveway that leads from paved Range Road 270 to the yard site.The main home offers a functional layout with a main floor master bedroom, two living areas (one with a wood-burning fireplace), a kitchen complete with an indoor barbecue, and a renovated 2-piece bath. The expansive bonus room addition features a gas fireplace, patio doors to the south-facing deck, and a bar area perfect for entertaining. Upstairs, you'll find a roomy bedroom with a Juliette balcony, a 4-piece bathroom, and an adjoining space with two additional sleeping areas. The lower level is wide open and offers ample storage, a utility area, and Laundry. The well-maintained mobile home includes 2 bedrooms, 1 bathroom, upgraded vinyl windows (2007), a south-facing covered deck, and a parking shelter.Renovation highlights include new windows for both the house and mobile home (2007), a fully renovated main floor 2-piece bath, and a complete second floor renovation with new doors, trim, and paint. Also a complete bathroom reno i ncluding shower, flooring, vanity, and paint. Additional upgrades include shingles and siding on the house (2011) and a replacement of the septic tank (1992).Zoned A1 Future Urban Development District, this property allows for agricultural and related uses until the land is needed for urban development. This property is a rare combination of lifestyle, investment, income potential, and privacy—an opportunity that rarely comes along! (id:39198)
Total income received prior to any expenses.
:
N/A
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
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
:
N/A
Add a Private Note
need Help with
Financing?
Contact our Finance Partners
Please read Businesses 4 Sale Terms and Conditions before contacting the seller
Report this Listing
Your report has been successfully submitted. Our Customer service representative will get back to you shortly.
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
