1/74919 - 47 Street, Camrose
4919 - 47 Street, Camrose, AB T4V1J9
$925,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
83%
Year Built
1910
Lot Size
0.2857021992653811 ac
About this property
• Opportunity to acquire an iconic ±17,755 SF heritage building in the heart of downtown Camrose.• Tenanted by an established restaurant/lounge on 5-year leaseback (main floor and basement) at $110,000 NOI• Value-add potential from renovating and leasing 2nd office space for an estimated additional NOI for $30,000-$40,000• Central location with quick access from Highway 13. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$50K
Annual cash flow
$-851
Cash-on-cash
-0.31%
DSCR
0.98
Going-in cap
5.45%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
42,363
Households
18,502
Median income
$100,000
Median age
32.2
Daytime population
46,713
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4919 - 47 Street, Camrose.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.