Investor alert! Located just off highway 1 in Bassano, this commercial lot and buildings have a long-term business located on it. The landowner is looking to lease back the property for the business at market rates. The property features an office building (modified mobile home) and shop building. This represents a great potential income stream for an investor. Contact your Realtor® or the listing agent today to learn more about this opportunity.
Essential information
MLS® number
A2252017
Status
Active
Price
$225,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
Building Restriction, Call Lister, Easement Registered On Title, Restrictive Covenant
Building area
909 sq ft
Lot size
50,094 sq ft
Structure
Mixed Use
Listing brokerage
First Place Realty
Source
Pillar 9™ MLS® System
Interior
Included
Shop building
Exterior and construction
Roof
Asphalt Shingle
Lot features
See Remarks
Zoning
C2
Community
City
Bassano
Province
AB
Postal code
T0J 0B0
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
SDE—
EBITDA—
Gross profit
—
Pre-tax profit as the books show it
—
Value at that multiple SDE × multiple
—
Asking price as a multiple of SDE
—
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
—
—
Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
What this space costs per month
Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Per month—
All in, per sq ft—
Base rent monthly
—
Operating costs monthly
—
Anything else monthly
—
Total each month before GST
—
Total each year
—
Base rent per year
—
—
An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in businesses for sale in Bassano reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in businesses for sale comes up.
4 photos$610,000206 1st Avenue, Bassano
