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Retail Property For Sale at 651 Main ST in Grand Sault, New Brunswick

updated
4 Sale ID #213876
Updated 04 May 2024

Asking Price

$1,099,900

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

Lot Size

N/A

Building Size

N/A

Premise Summary

ATTENTION INVESTORS" Commercial buildings, sitting on 8.4 Acres and already rented with a solid track record located in a prime area in Grand Falls NB. Seconds away from the Trans Canada Highway and 2 min to the heart of Grand Falls, this gives you a quick access and creates accessibility for your renters. Take a moment to view this amazing property. You will be purchasing two separate PID with 3 buildings giving you many different possibilities to grow your business or even build more buildings to grow your portfolio. Contact REALTOR® ASAP. (id:39198)

  • MLS® : #M147211
  • Date Listed : 12 Mar 2024

Location

Province

New Brunswick

City

Grand Sault

Address

651 Main St

Postal Code

E3Z2W6

Location Highlights

N/A

Listed by

EXIT Realty Associates New Brunswick 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

9,990

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

$1,099,900

Asking Price

$1,099,900

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.

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)

9,990

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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