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Retail Property For Sale at 1803 Main Street in Westville, Nova Scotia

updated
4 Sale ID #209300
Updated 07 May 2024

Asking Price

$105,000

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

Lot Size

N/A

Building Size

N/A

Premise Summary

Do you have a business idea??? This two storey building on Main Street Westville is looking for a NEW owner with a vision to revamp this building and bring it back to its potential. Commercially zoned space downstairs and residential zoned space upstairs, one could make this a great investment opportunity with a bit of TLC. New Metal Roof 2024. Nestled right on on the Main Street, walking distance to Acadia Park, Medical Center, Pharmacy, Foodland, NSLC, Post Office, Tim Hortons, and Restaurants. As the saying goes....Location, Location, Location!!! (id:39198)

  • MLS® : #202403533
  • Date Listed : 26 Feb 2024

Location

Province

Nova Scotia

City

Westville

Address

1803 Main Street

Postal Code

B0K2A0

Location Highlights

N/A

Listed by

Blinkhorn Real Estate Ltd. Nova Scotia listing

Category

retail-properties

Property Information

Premise Status

Includes REAL ESTATE

With Accommodation

N/A

Tenancy

N/A

Lot Size

N/A

Available Space

N/A

Building Size

0

Year Built

N/A

Years Remaining in Current Lease Term

N/A

Renewal Options

N/A

Operational Information

Number of Working Owners

N/A

Current Owner - years

N/A

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

$105,000

Asking Price

$105,000

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.

N/A

Gross Revenue- annual

N/A

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)

N/A

EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

N/A

Premises Size (square feet)

0

Other Information

Owner willing to Finance

No

Absentee Owner

No

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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