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INVESTMENT HIGHLIGHTS
- Second Generation Restaurant
- Just Block from Upland Development of up to 2,350 New Homes
- Transferable H&R Liquor License
- Fully Equipped Kitchen
- Proven Restaurant Location
EXECUTIVE SUMMARY
Rare second generation free standing restaurant property. Ideal for owner user but second generation restaurant properties are in high demand and can easily be leased. Rosita’s Mexican restaurant was successful at this location for decades. This is an opportunity for another restaurant concept to capitalize on this well known and proven location. The trade area is growing with the Uplands development under construction for up to 2,350 new homes just blocks away. The property will easily convert to Italian, Indian, Asian or any other concept. The highly visible corner is located on Federal Blvd with traffic counts over 40,000 (MPSI) and ample off street parking. The efficient kitchen and equipment is in very good condition and well maintained. The real estate, fixtures, and equipment along with a transferable H&R liquor license are included in the sale.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$35,147
|
$8.44
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,147
|
$8.44
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $35,147 |
| Annual Per SF | $8.44 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,147 |
| Annual Per SF | $8.44 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,165 SF
Building Class
B
Year Built
2002
Price
$1,929,829 CAD
Price Per SF
$463.34 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.36 AC
Zoning
B-1
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1719-29-4-04-001 | Total Assessment | $384,385 CAD |
| Land Assessment | $52,983 CAD | Annual Taxes | $35,147 CAD ($8.44 CAD/SF) |
| Improvements Assessment | $331,402 CAD | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
1719-29-4-04-001
Land Assessment
$52,983 CAD
Improvements Assessment
$331,402 CAD
Total Assessment
$384,385 CAD
Annual Taxes
$35,147 CAD ($8.44 CAD/SF)
Tax Year
2024 Payable 2025
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8050 Federal Blvd
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