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Mixed-Use Property For Sale at 308 Lower Mountain RD in Boundary Creek, New Brunswick

updated
4 Sale ID #208931
Updated 03 May 2024

Asking Price

$649,900

Cap Rate help 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

INVESTORS!!!! IN LAW SUITE CURRENTLY RENTED OUT!!!! Oh where oh where can opportunity be, Its Lower Mountain Road in amongst the trees, Not far from the City, Are you looking to live and be stress free, Start your Business and live next door to your dreams, Just watch them soar. You can have a boarder too, Why, There is so much in store for you, Make your plans and make your move to the place where your dreams can come true!! Now that we have gotten this out for you, We will tell you what you can view, This home comes complete with an in-law suite, This property just cant be beat, A hot tub on the back deck for when your wanting to relax, But, Wait there is so much more, go outside to open the garage door, Massive paint booth with down draft and all around concrete floors, and oh yes inventory galore, This is a one of a kind property so come on and have a peek, Not far from the City and not far from the town, Its the perfect place to settle down. Contact your REALTOR® to set up a viewing, This one is worth pursuing!!! 36 X 50 Garage is currently being used as an auto body shop Additonal information - Flooring in home -Carpet, Laminate, Tile - Ceramic (id:39198)

  • MLS® : #M157324
  • Date Listed : 27 Feb 2024

Location

Province

New Brunswick

City

Boundary Creek

Address

308 Lower Mountain Rd

Postal Code

E1G4C5

Location Highlights

N/A

Listed by

Royal LePage Atlantic New Brunswick listing

Category

mixed-use-properties retail-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

1,188

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 help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$649,900

Asking Price

$649,900

Cap Rate help 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 help 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 help 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 help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

1,188

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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