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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$185,000
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
Looking to invest in yourself and your real estate portfolio? Look no further, an excellent opportunity is presented with 63 Water Street, Digby. Here is your chance to purchase a centrally located commercial building in a high traffic area. Large store front windows make for excellent display, spacious main floor lay out ideal for retail space, a prep area, office space and 1/2 bath complete the main floor. The upper floor is currently being used as storage but has lots of potential, could be ideal office space. The building is currently the home of Harbour Rose Flowers and Gifts, and this well established retail business can be purchased together with the purchase of the building at an additional cost over and above the list price. A metal roof and two heat pumps have been installed since ownership. This may be the property you have been waiting for and possibly the business venture that could be for you, you know what they say, LOCATION, LOCATION, LOCATION, and this one has a great one! Book your viewing today with an Agent of your choice. (id:39198)
Location
Province
Nova Scotia
City
Digby
Address
63 Water Street
Postal Code
B0V1A0
Location Highlights
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Listed by
Exit Realty Town & Country Nova Scotia 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
0
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
$185,000
Asking Price
$185,000
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
No
Absentee Owner
No
Support and Training
Not Included
Growth and Expansion
N/A
Market Competition
N/A
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