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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$759,000
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
Live and work downtown Dartmouth in an absolute perfect location near Sullivans pond. Either you have an existing business or would you like to start a new venture, this building is a great option for a business or a personal use. Listen to the sound of the historic Shubenacadie Canal or walk to all the beautiful parks, lakes, ferry terminal, restaurants, pubs and other great downtown amenities. This commercial/residential 1500sqft building with DD zoning would be a perfect property for your own business with high traffic and it's own parking spaces. This building features an upstairs apartment, bright with a full kitchen, full bathroom and 3 rooms PLUS a dining nook overlooking a canal. Downstairs is an office area with a waiting room, 2pc bathroom and 4 offices that can be converted to bedrooms if desired or can be open to a retail business. The basement area is large, unfinished area and used for a storage. (id:39198)
Location
Province
Nova Scotia
City
Dartmouth
Address
170 Ochterloney Street
Postal Code
B2Y1E1
Location Highlights
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Listed by
Sutton Group Professional Realty Nova Scotia 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
$759,000
Asking Price
$759,000
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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