1/5563 Bear Point Road, Bear Point
563 Bear Point Road, Bear Point, NS B0W3B0
$245,000 total
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Asset Class
Industrial
Size
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Building class
B
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
95%
Lot Size
2.9 ac
Clear height
32 ft
Loading docks
2
About this property
Excellent business opportunity - Boat Shop has been used for constructing boats, repairing boats and has new metal roofing and siding (2019). Also included in this listing is a 36X10 Boat Mold and a 19X8 Outboard Mold complete with all mold parts (Wheelhouse, Deck Curbs etc). This building could also be used for any number of alternative opportunities such as lobster trap building, fishing gear, supply shop business...excellent location within a fishing community. Ceilings are 20 feet high, one set of front double doors measures 25' X 19', the second set of double doors measures 15' X 12'. Two sets of back doors - one measures 12' X 16' and the other 5' X 7'. Cement floor. Wiring is 3 Phase. Furnace is only six years old with 200 gallon tank. There is a well and septic on the property. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$14K
Annual cash flow
$283
Cash-on-cash
0.39%
DSCR
1.02
Going-in cap
5.66%
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
115,239
Households
47,015
Median income
$136,000
Median age
37.5
Daytime population
167,653
5-yr growth
7.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 563 Bear Point Road, Bear Point.
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.