For Sale · Hospitality

5033 Pyrogy DR, Glendon

5033 Pyrogy DR, Glendon, AB T0A1P0

$80,000 total

—

Asset Class

Hospitality

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

92%

Lot Size

2 ac

About this property

Here’s your chance to own a freestanding 1,470 SF (±) restaurant building ideally located across from the iconic Pyrogy Park in Glendon. While the restaurant is currently not in operation, the space is fully set up and ready for a quick reopening with the necessary licenses and permits. The property features a drive-through service window and offers seating for approximately 40 guests. It’s a great fit for a pizza place or other fast-casual dining concept, but equally well-suited for a café, ethnic cuisine, or a new food venture of your choice. The sale includes a full complement of equipment (believed to be in working condition), including a walk-in cooler and freezer, kitchen hood fan, air conditioning units, and more. A fantastic opportunity for owner-operators or investors—check it out today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$80K
Down payment30% · $24K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$369

Projected NOI

$5K

Annual cash flow

$691

Cash-on-cash

2.88%

DSCR

1.16

Going-in cap

6.40%

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

126,280

Households

58,476

Median income

$124,000

Median age

35.3

Daytime population

166,895

5-yr growth

4.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5033 Pyrogy DR, Glendon.

NDA required
  • 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.