Business For Sale · Industrial

148 Memorial Drive, Sydney Mines

148 Memorial Drive, Sydney Mines, NS B1V0B3

$449,900 total

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

87%

Year Built

2026

Lot Size

2 ac

Clear height

21 ft

Loading docks

1

About this property

Position your business for success at 148 Memorial Drive in Sydney Mines, a prime two-acre commercial property located within the expanding Northside Business Park. Situated along a key arterial route with quick connectivity to Highway 105, this high-exposure location puts your venture directly in the path of steady regional traffic between Sydney Mines, North Sydney, and the surrounding Cape Breton Regional Municipality. The site sits directly across from the new Northside Health Complex, placing it front and center to one of the area's most significant ongoing infrastructure investments. Practical immediate utility is already in place with a newly built 40' x 38' detached garage featuring dual 10-foot overhead doors, ideal for operational staging, equipment storage, or a practical base of operations while you finalize long-term development plans. Flexible Business Park zoning accommodates a broad spectrum of commercial, service, and light industrial uses, making this parcel an ideal match for contractor headquarters, warehousing, self-storage, or various service-based enterprises. As commercial growth continues to concentrate along Memorial Drive, opportunities to secure a plot of this scale and strategic position are becoming increasingly scarce. Inquire today about flexible purchasing options, as the seller is open to holding a Vendor Take-Back (VTB) mortgage with a 50% down payment. Book your showing today and establish your business in a rapidly growing CBRM commercial corridor. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-6K

Cash-on-cash

-4.15%

DSCR

0.78

Going-in cap

4.30%

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

107,984

Households

40,704

Median income

$123,500

Median age

34.3

Daytime population

126,749

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 148 Memorial Drive, Sydney Mines.

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.