1/1210347 Whyte Avenue NW, Edmonton
10347 Whyte Avenue NW, Edmonton, AB T6E1Z9
$119,000 total
1,550 SF
Asset Class
Retail
Size
1,550 SF
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
$77
Occupancy
91%
Year Built
1975
About this property
Excellent opportunity to own a well-established Japanese restaurant on Edmonton’s popular Whyte Avenue in the heart of Old Strathcona. Surrounded by restaurants, shops, entertainment venues, and residential communities, this 1,550 sq. ft. restaurant features an attractive interior, sushi bar, and fully equipped commercial kitchen, with a maximum occupancy of 25 people. Currently operating six days a week from 4 PM to 10 PM, the business is run on a semi-absentee basis, with the owner working only one day per week. Great potential to increase sales and profitability through active owner involvement, extended hours, and lunch service. The business concept may be changed, subject to landlord approval and applicable municipal requirements. The seller will provide comprehensive training to ensure a smooth transition. An excellent opportunity for an owner-operator or experienced restaurant entrepreneur. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$550
Projected NOI
$7K
Annual cash flow
$312
Cash-on-cash
0.87%
DSCR
1.05
Going-in cap
5.80%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 816 SF | 2032-05 |
| Lakeview Physiotherapy | 400 SF | 2032-05 |
| Lakeview Physiotherapy | 400 SF | 2032-05 |
| Lakeview Physiotherapy | 400 SF | 2032-05 |
Area demographics
Trade area within 3 miles of the property.
Population
58,180
Households
24,951
Median income
$64,500
Median age
37.3
Daytime population
53,827
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 10347 Whyte Avenue NW, Edmonton.
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.