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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$7,500,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
Brewery Park! Incredible opportunity to purchase this premium newly built & architecturally elevated mixed-use investment property located on vibrant Agricola Street in the heart of North End peninsula Halifax. This +/- 12,100 sf property is the epitome of quality, efficiency and sophistication. Ground-level commercial spaces are anchored with long-term tenants and the upper floors house 16 luxurious fully-furnished suites. The suites are unique in personality and include a kitchenette, ensuite, working area and sleeping quarters offering both comfort and functionality. Zoned COR (Corridor) the permitted and 'as of right' uses cover a wide range of both residential & commercial applications including short and long term rentals, AirBnB and hotel. The already established Brewery Park boutique hotel is thriving and it sets the stage for immediate success. Contained within this offering is a 'turn-key' podium in which your business aspirations and investment goals will flourish today and for the long-term. Don't miss the chance to make this remarkable property yours! (id:39198)
Location
Province
Nova Scotia
City
Halifax
Address
2851 Agricola Street
Postal Code
B3K4E7
Location Highlights
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Listed by
Red Door Realty Nova Scotia listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
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Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$7,500,000
Asking Price
$7,500,000
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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