Medical for sale in Calgary

$189,000

1,164Sq Ft
1978Built
18Days listed

1 photo

About this property

Excellent chance to acquire a newly established optical retail business located on busy Centre Street with constant high vehicle and pedestrian traffic exposure. The space offers a clean and efficient layout suitable for eyewear retail and consultation services and features a very attractive low rent, making operating costs manageable for new or expanding professionals. Strong growth potential through marketing, extended services and adding an optometrist on site. The premises is flexible and can be easily converted to other healthcare uses such as medical clinic, massage therapy, aesthetics or other professional services subject to landlord approval. Ideal for optometrist startup, satellite location or healthcare operator seeking affordable prime exposure location. Please do not approach staff directly

Essential information

MLS® number: A2340639
Status: Active
Price: $189,000
Lease rate: $32/sq ft/yr
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: None Known
Building area: 1,164 sq ft
Year built: 1978
Structure: Mixed Use
Listing brokerage: Grand Realty
Source: Pillar 9™ MLS® System

Interior

Included: see remarks

Commercial

Business type: Medical, Professional Service

Community

City: Calgary
Province: AB

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.

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 retail space in Calgary reaches the market — often before it is advertised anywhere else.

✓

You are on the list.

You will hear the moment a new listing in retail space comes up.

Ask about this business

Medical for sale in Calgary

About this property

Essential information

Interior

Commercial

Community

Business valuation calculator

Trading

Add-backs

The deal

What this space costs per month

The space

On top of the rent

Tell me when another one comes up

You are on the list.

Ask about this business

Question sent