5033 Pyrogy DR, Glendon, AB T0A1P0
$80,000 total
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Asset Class
Hospitality
Size
—
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
92%
Lot Size
2 ac
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for 5033 Pyrogy DR, Glendon.
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.