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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$250,000
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
COMMERCIAL OFFICE SPACE FOR SALE IN DOWNTOWN MONCTON in the beautiful Riverfront Condominium complex. Located directly behind the Blue Cross Centre and adjacent to the Boar Park Walking Trail. A 2 minute walk to Main Street and near all amenities. Floor to ceiling windows provide tons of natural light and offers a fantastic view of the Petitcodiac River. Two commercial condo units on the 1st floor and must be sold together. Sale price is $250,000 for both units. Unit # 29 is 954 square feet is available for lease at $1,800 per month (Semi-Gross)and Unit # 30 is 364 square feet and has a tenant in place with revenue to help with the mortgage. Purchase price and lease rate are subject to HST Unit # 30 has PID # 70367974 and PAN #5444746 and Property Taxes for 2022 are $1,624.55 and Asessement is $35,500 (id:39198)
Location
Province
New Brunswick
City
Moncton
Address
50 Assomption Blvd Unit#29 & 30
Postal Code
E1C4N9
Location Highlights
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Listed by
Colliers International New Brunswick New Brunswick listing
Category
Property Information
Premise Status
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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
1,318
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
$250,000
Asking Price
$250,000
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)
1,318
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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Why this Marketplace was Created
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