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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$299,000
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
An outstanding opportunity awaits you as we introduce you to 439 St. George St, a newly renovated commercial office that is part of an exciting package deal. It must be sold in conjunction with 433-435-437 St-George, offering a unique chance to expand your investment horizons. This newly renovated office space is designed to meet the demands of today's businesses and offers a wealth of potential. Step into a space adorned with brand new flooring, modern color palettes, and contemporary light fixtures that create an inviting and productive atmosphere. The exposed brick walls add a touch of modern charm, blending historic character with a fresh, innovative look. With 7 offices in total, this office space is currently rented to 2 tenants, ensuring a steady source of income. A shared kitchenette provides convenience and flexibility for tenants and their employees. Nestled in the heart of Moncton, this office is strategically positioned to maximize visibility and accessibility. With an array of restaurants, entertainment options, and neighboring businesses in close proximity, the potential for networking and growth is vast. Whether you're a seasoned investor or a business owner, this office space offers endless possibilities. To experience this fantastic opportunity firsthand, we kindly request 24 hours' notice for showings. To explore this property and discuss the potential of the package deal with 433-435-437 St-George, please contact your REALTOR® today. (id:39198)
Location
Province
New Brunswick
City
Moncton
Address
439 St George St
Postal Code
E1C1X8
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
1,446
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
$299,000
Asking Price
$299,000
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)
N/A
EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
N/A
Premises Size (square feet)
1,446
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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