Properties like this don't come available often. This prominent 2,164 sq. ft. commercial building sits in the heart of Lacombe's downtown core — one of the highest-traffic locations in the entire city, where visibility and foot traffic work hard for your tenants and your investment every single day. The building offers exceptional versatility . There are two long-standing & established tenants currently in place. You will also find a full basement that would be ideal for storage or any other ideas you might have for additional revenue opportunities. This is situated in a within steps of Lacombe Memorial Centre and other misc retail shops and excellent and varied dining establishments Whether you are an investor looking to purchase the building to take on the two long standing tenants that provide you with stable cash flow from day one OR You are an owner-operator wanting an opportunity to relocate or start your new business with the option to occupy all or part of the main floor with a strong community identity and consistent year round commercial activity, this could be it. There are many options for the discreet investor and business/entrepreneur to choose from.
Essential information
MLS® number
A2315522
Status
Active
Price
$320,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
2,164 sq ft
Year built
1946
Structure
Other
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Exterior and construction
Zoning
C1
Community
Subdivision
LEDL
City
Lacombe
Province
AB
Postal code
T4L 1K4
Where it is
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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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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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.
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13 photos$279,9005011 49 Street, Lacombe
