Business For Sale · Specialty

4068 Highway 1, Garlands Crossing

4068 Highway 1, Garlands Crossing, NS B0N2T0

$529,900 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

97%

Year Built

1899

Lot Size

1.0861 ac

About this property

Opportunities like this do not show up every day! Live in this beautiful century home, or run your home based business out of it! It is zoned general commercial. With so many beautiful touches, you can see just how much love this home has. It has a large 2 car garage that was built in 2012, a loop around driveway, and just over an acre of land, giving you ample space and quiet being set back up off the road. Come make your dream a reality, with this 6 bedroom 1.5 bath house! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$530K
Down payment30% · $159K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$40K

Annual cash flow

$10K

Cash-on-cash

6.42%

DSCR

1.35

Going-in cap

7.47%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

141,434

Households

66,831

Median income

$88,500

Median age

42.4

Daytime population

231,163

5-yr growth

1.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4068 Highway 1, Garlands Crossing.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.