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Retail Property For Sale at 1701 Hollis Street in Halifax, Nova Scotia

4 Sale ID #204608
Updated 29 Apr 2024

Asking Price

$49,900

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

Great location at Hollis street Halifax Downtown! Great opportunity to own a convenience store in downtown, its located in the heart of downtown Halifax. Excellent hours of operation 8am to 5pm Monday to Friday. Looking for hard working people, who want to make a decent living and still have weekends off with family and friends. (id:39198)

  • MLS® : #202402623
  • Date Listed : 13 Feb 2024

Location

Province

Nova Scotia

City

Halifax

Address

1701 Hollis Street

Postal Code

B3J3M8

Location Highlights

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Listed by

RE/MAX Nova (Halifax) Nova Scotia 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

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 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

N/A

Financial Information

Yearly Rate

$49,900

Asking Price

$49,900

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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