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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$649,900
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
PRIME LOCATION// With an impressive daily traffic count of 17,954 cars passing by, welcome to 201 Killam Drive, Moncton NB a remarkable property offering a blend of residential comfort and commercial potential. This charming 3-bedroom, 1-bathroom home sits on a spacious 1404 square meter lot, zoned SUBURBAN COMMERCIAL. Boasting a 2-bay garage shop currently operating as an automotive business, complete with a storefront and an additional half bathroom, this property presents a distinctive opportunity for aspiring entrepreneurs. Imagine the possibilities: reside in the house while managing your own business, lease the residential and commercial spaces separately for rental income, or utilize the entire property for your entrepreneurial ventures. Explore the boundless opportunities at 201 Killam Drive schedule your viewing today and unlock the potential of this dynamic location. (id:39198)
Location
Province
New Brunswick
City
Moncton
Address
201 Killam Dr
Postal Code
E1C3S5
Location Highlights
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Listed by
EXIT Realty Associates New Brunswick listing
Category
Property Information
Premise Status
Includes REAL ESTATE
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
2,062
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
$649,900
Asking Price
$649,900
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)
2,062
Other Information
Owner willing to Finance
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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