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Retail Property For Sale at 11 Roseberry Street in Campbellton, New Brunswick

4 Sale ID #204570
Updated 28 Apr 2024

Asking Price

$349,500

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

Welcome to 11 Roseberry, situated in a high-traffic area, on a double lot, with lots of parking in the heart of Campbellton. This beautiful commercial and residential property has plenty to offer with 7 rooms/offices, large open space that can be used as a reception or convert to more offices, laundry area, 1/2 bath x 2, semi-finished attic, central air conditioners in most areas and a 1 bedroom apartment with its own entrance. The attached warehouse, on main floor, has a garage door that allows easy access to load and unload supplies. Basement is another large area for storage that has laundry facility and ½ bath. Roof shingles replaced in 2020, with exception of the peak roof area, rear apartment stairs 2023. Income and expense sheets available upon request. All measures are approx and must be verified by buyer. This property is a must see, Call 48hrs prior to booking your virtual tour! (id:39198)

  • MLS® : #NB095858
  • Date Listed : 14 Feb 2024

Location

Province

New Brunswick

City

Campbellton

Address

11 Roseberry Street

Postal Code

E3N2G3

Location Highlights

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Listed by

RE/MAX Prestige Realty New Brunswick listing

Category

retail-properties

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

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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 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

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Financial Information

Yearly Rate

$349,500

Asking Price

$349,500

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.

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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

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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