EXCELLENT DOWNTOWN LOCATION! Located directly on Main Street in the heart of Sylvan Lake, this commercial lease space offers exceptional visibility and a high traffic location just one block from the beach. With the lake, shops, restaurants, and downtown amenities right outside your door, this is an ideal opportunity for a business looking to establish itself in one of Sylvan Lake’s most sought after commercial areas. The property offers convenient parking along the side of the building, as well as reserved parking at the rear. The space is available immediately, with a long term lease preferred. Bring your business to the heart of Sylvan Lake and take advantage of this prime location!
Essential information
MLS® number
A2342025
Status
Active
Price
$1,963
Lease rate
$15/sq ft/yr (listed as “Monthly”)
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
None Known
Building area
1,570 sq ft
Year built
1965
Structure
Low Rise (2-4 stories)
Listing brokerage
eXp Realty - Red Deer
Source
Pillar 9™ MLS® System
Community
Subdivision
SLDT
City
Sylvan Lake
Province
AB
Postal code
T4S 1M5
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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.
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All in, per sq ft—
Base rent monthly
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Operating costs monthly
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Total each month before GST
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Total each year
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Base rent per year
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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.
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10 photos$1,500309 6 Street S, Lethbridge
