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Office Building For Sale at 2 Second & Alma Street in Yarmouth, Nova Scotia

updated
4 Sale ID #106534
Updated 28 Apr 2024

Asking Price

$369,000

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

Do you need space for a new adventure or business then I have what you are looking for. Location Location Location! Large corner lot located in the centre of downtown Yarmouth on the Edge of Everywhere. Formally known as the Yarmouth Vanguard building. With over 10,000 sq ft of commercial space bring your dreams into reality. This property consists of lots of offices, Board rooms, a large lunch room, warehouse, shipping and receiving. 3 buildings all connected together means lots of uses for each building. Lots of public parking available in the parking lot next to building. Property is being sold "AS IS WHERE IS" (id:39198)

  • MLS® : #202223002
  • Date Listed : 22 Sep 2022

Location

Province

Nova Scotia

City

Yarmouth

Address

2 Second & Alma Street

Postal Code

B5A1T2

Location Highlights

N/A

Listed by

RE/MAX Banner Real Estate(Yarmouth) Nova Scotia listing

Category

office-buildings 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

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

N/A

Operational Information

Number of Working Owners

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Current Owner - years

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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

$369,000

Asking Price

$369,000

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)

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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