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Office Building For Sale at 221 Main Street in Plaster Rock, New Brunswick

updated New
4 Sale ID #223558
Updated 06 May 2024

Asking Price

$129,000

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.

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Lot Size

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Building Size

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Premise Summary

Ideal canvas for your business vision !!!!! This versatile property offers an exceptional opportunity for various business ventures. With its turnkey setup, this charming bistro-turned-office space is ready for new owners to transform it into their ideal workplace. The spacious dining area, originally designed to accommodate 20+ guests, now offers endless possibilities for office layout and collaboration spaces. Imagine utilizing the drive-thru window for convenient client pickups or transforming it into a dedicated entrance for staff !! Whether you envision an innovative co-working space, hairdressers salon, or a creative office/ retail shop, this property offers the flexibility to tailor the space to your specific needs. Don't miss out on this classic building's potential to elevate your business to new heights. Call today to schedule a viewing ! (id:39198)

  • MLS® : #NB097595
  • Date Listed : 08 Apr 2024

Location

Province

New Brunswick

City

Plaster Rock

Address

221 Main Street

Postal Code

E7G2G7

Location Highlights

N/A

Listed by

KELLER WILLIAMS CAPITAL REALTY New Brunswick listing

Category

office-buildings

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

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

$129,000

Asking Price

$129,000

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

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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)

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EBITDA help 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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