Building and land in the north end of Peace River located on the river road of 94 Street and across the street from the river. The land and buildings are for sale at a low fantastic price - basically selling for less than the assessed value of the land. There is a 4700+ sq ft building and two lots - ready for the next entrepreneur to open the next success full business here. Zoning allows permitted and discretionary use such as existing use ,retail and can also become residential - with residential above a commercial store as well - there are many options and the serious buyer will need to discuss with the land use department of the Town of Peace River and start the development process.. The beauty of this property is that the location is on one of the highest traffic roads in the town. The sign is up!! Call today!!
Essential information
MLS® number
A2342411
Status
Active
Price
$39,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
4,750 sq ft
Year built
1957
Structure
Retail
Listing brokerage
Century 21 Town and Country Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Exterior and construction
Foundation
Other
Zoning
Neighborhood Commercial
Community
Subdivision
NorthEnd
City
Peace River
Province
AB
Postal code
T8S1E6
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
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EBITDA—
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Value at that multiple SDE × multiple
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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15 photos$34,880433 Malborough Way NE, Calgary
