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Commercial Real Estate
For Rent
Retail Spaces
Alberta
Medicine Hat
Retail SpaceFor Rent At 101 1201 Kingsway Avenue SE In Medicine Hat, Alberta
Commercial Real Estate
For Rent
Retail Spaces
Alberta
Medicine Hat
Retail SpaceFor Rent At 101 1201 Kingsway Avenue SE In Medicine Hat, Alberta
4 Sale ID #238334
Updated 23 May 2024
- PHOTOS
- FLOORPLANS
- MAP
For RENT
Monthly Rate
$1,700
Lease Rate
N/A
Space Size
N/A
Year Built
N/A
Premise Summary
Lucrative opportunity to purchase a busy mailbox and business services company and take over existing lease with several tenants, paying the costs to occupy! This interesting opportunity to capitalize on several revenue streams, and run your own small business, is a low risk way to explore small business ownership with very little risk. The initial investment of $29,999.00 purchases all of the equipment, marketing tools, and leasehold improvements needed to keep operating this growing service. The lease can be taken over or re negotiated with the current landlord, and all existing tenants renting offices would like to stay. This laid back work day allows for a ton of flexible opening hours, as the shipping desk can be limited to specific times, and the existing mailbox owners have secure access to their boxes at all hours. Ideal for a remote worker, who could continue their current job whilst utilizing the office space and mailbox business as bonus income. There is a ton of potential to grow this business in such a strong online, ecommerce marketplace. Call your REALTOR(R) to find out more today! (id:39198)
- MLS®:#A2104017
- Date Listed:25 Jan 2024
Location
Province
Alberta
City
Medicine Hat
Address
101 1201 Kingsway Avenue Se
Postal Code
T1A2Y2
Location Highlights
N/A
Listed by
MAXWELL CANYON CREEK Alberta listing
Category
retail-space
Property Information
Premise Status
LEASED Premises
With Accommodation
N/A
Tenancy
N/A
Space Size
N/A
Available Space
N/A
Building Size
1,568
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
FF & E 
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
N/A
Financial Information
Monthly Rate
$1,700
Asking Price
$0
Rate/yr
N/A
Floor of Lease
N/A
Gross Revenue- annual
N/A
Cash Flow - annual1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
N/A
EBITDA Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,568
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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