Business For Sale · Specialty

2094 Route 133, Grand-Barachois

2094 Route 133, Grand-Barachois, NB E4P8J9

$439,000 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

85%

Lot Size

0.5164497907019269 ac

About this property

Reimagine this standout 3-bay automotive property, originally constructed as a freezer-grade building in the 1970s and thoughtfully converted into a functional garage in the 1990s. Built with durability and purpose in mind, this property offers incredible versatility for todays entrepreneur. Currently configured as a full-service mechanics setup, the building features three service bays, a dedicated parts area, office space, and an additional drive-in bay ideal for detailing or expanded service offerings. With over 30 years of established clientele in the community, this is a rare opportunity to step into a turnkey operation as the current owner transitions into retirement. Beyond its current use, the potential here is exceptional. Located near Cap-Pelé and surrounded by popular tourist and beach destinations, this high-visibility property is perfectly positioned for a wide range of ventures. The existing freezer-grade insulated construction opens the door for unique concepts such as a brewery, specialty food operation, or restaurant catering to seasonal traffic. Spanning over 3,700 square feet and equipped with in-floor heating, the building can also be easily divided into four distinct unitscreating an attractive multi-tenant commercial investment. Additional land is available, offering further opportunity for expansion or redevelopment. A solid structure, a strategic location, and endless potentialthis is your chance. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$439K
Down payment30% · $132K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$26K

Annual cash flow

$1K

Cash-on-cash

1.01%

DSCR

1.05

Going-in cap

5.84%

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

53,581

Households

19,546

Median income

$125,000

Median age

36.8

Daytime population

55,970

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 2094 Route 133, Grand-Barachois.

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.