$3,380,000 10,000 Sq.ft

Address Not Available

Description

A profitable retail business, comes with activity center and playground outside. ROI 14%. Excellent retail business, easy to run, all system set up, in business for 9 years. Includes 1.5 acre of land, 10,000 sf steel building that is only 9 years old. To build a building like this costs $2.7 M. Cap rate 14%. In 7 years, you will get all your money back and own the land, building and the business. Easy to operate, no environmental issues, best of all, the business is closed 5 months a year, so you only work 7 months/year and take a $180,000 salary from the business. After all that, the business has 14% return yearly. $3.4 M plus inventory. Located 1.5 hr from Calgary in a vacation/activity destination.

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4218689
City:Drumheller
Neighbourhood:
Province:Alberta
Building/Unit Size: 10,000 sq.ft
Lot Size:338 sq.ft
Land Size:1.57 Acre
Listing Price:$3,380,000
Listing Price Arce:$2,152,870 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:GR - General Sales/Services
Property Type:Commercial
Property Subtype:Retail
Transaction Type:For Sale
Land Use Code:Highway Commercial
Listing Contract Date:2018-12-08

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