Rotate your device back to portrait Mode!
Rotate your device back to portrait Mode!
BROKERS Register for FREE
BrokerStudio
Suite of tools & services
Benefits
Asking Price
$499,000
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.
N/A
Lot Size
N/A
Building Size
N/A
Premise Summary
Don't miss out on this incredible opportunity to own a historic church building in Shelburne, Nova Scotia, a renowned oceanfront fishing village. This well-built and sturdy property offers endless potential, whether converted into a single-family home, multiple residences, or an apartment complex. Enjoy a climate similar to The Hamptons, influenced by the Gulf Stream and level with Freeport, Maine. Shelburne's charming waterfront district has attracted Hollywood's attention, featured in numerous films for its small-town allure. Known for its lobster fishing and vibrant streets lined with colorful historic homes, Shelburne exudes a sense of community that permeates this historic complex. Comprising three distinct sections, this property boasts a spacious Great Hall of approximately 2500 square feet, accommodating up to 200 guests, complete with a stage, office, and library. Dating back to circa 1890 and constructed by renowned shipbuilders, its historical significance is appreciated. The Grange Hall provides additional space for gatherings and celebrations, featuring essential amenities such as a washroom, breakout room, and large kitchen. Explore the untapped potential of the high-reaching attic space for creative design possibilities. The finished lower level offers nine classrooms, updated mechanical systems, and two washrooms. Take advantage of the belfry, offering views of the sea. With six separate entrances allowing for versatile usage, including potential apartments to meet the area's high demand, this property offers endless possibilities. Seller financing is available. Contact us today to learn more about this unique opportunity. (id:39198)
Location
Province
Nova Scotia
City
Shelburne
Address
36 John Street
Postal Code
B0T1W0
Location Highlights
N/A
Listed by
Royal Lepage Atlantic (Mahone Bay) Nova Scotia listing
Category
Property Information
Premise Status
N/A
With Accommodation
N/A
Tenancy
N/A
Lot Size
N/A
Available Space
N/A
Building Size
0
Year Built
N/A
Years Remaining in Current Lease Term
N/A
Renewal Options
N/A
Operational Information
Number of Working Owners
N/A
Current Owner - years
N/A
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
N/A
Financial Information
Yearly Rate
$499,000
Asking Price
$499,000
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.
N/A
NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
N/A
Gross Revenue- annual
N/A
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
0
Other Information
Owner willing to Finance
N/A
Absentee Owner
N/A
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
Save this Listing
Why this Marketplace was Created
Frustrated by the timely process of searching for businesses and commercial properties on the market, the founders at Businesses 4 Sale created a platform to transform the business/commercial property buying and selling experience. The database compiles the most relevant information from multiple industry sources, making it easy for future business/commercial property owners and sellers to find exactly what they are looking for.
