Address Not Available By Request

    Drumheller, AB
    • $3,380,000
    • STATUS: Active
    • ID#: C4218689
    $3,380,000
    • 0
      BEDS
    • 1.57
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,000
      SQFT
    • $338
      $/SQFT
    Neighbourhood:
    Type:
    Commercial
    Built:
    2009
    Area:

    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.

    Monthly Payment Calculator

    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2019-02-17T00:29:44.367.
    www.livelovecalgary.com/homes/90006534

    Address Not Available By Request Drumheller, AB

    • Price: $3,380,000
    • Status: Active
    • ID#: C4218689
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.57
    Acres
    10,000
    SQFT
    $338
    $/SQFT
    2009
    Built
    Neighbourhood:
    Drumheller
    Area:
    Drumheller
    Property 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.
    Exterior Features

    Garage Yn No Site Influences High Traffic Area

    Property Features

    Condo Type Not A Condo Ensuite Yn No Property Sub Type Retail Transaction Type For Sale

    Listing provided courtesy of Century 21 Bravo Realty. © 2019 CREB®. All Rights Reserved.
    Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license. Data last updated: 2019-02-17T00:29:44.367.
     
    Redline Real Estate Group Inc.
    547 5940 Macleod Trail SW
    Calgary AB, T2H 2G4