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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$679,000
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
Discover a lucrative investment opportunity in the heart of St. Andrews, New Brunswick, a beloved destination for visitors seeking coastal charm and cultural experiences. This prime commercial property, with its waterfront views, is ideally situated to capitalize on the steady stream of tourists drawn to the area. Boasting four apartments, rear parking, and easy access, it offers versatile options for income generation. Dont miss your chance to be part of the thriving tourism scene in this picturesque coastal town! (id:39198)
Location
Province
New Brunswick
City
Saint Andrews
Address
168 Water Street
Postal Code
E5B1B2
Location Highlights
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Listed by
KELLER WILLIAMS CAPITAL REALTY 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
0
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
$679,000
Asking Price
$679,000
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)
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
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Market Competition
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