Business For Sale · Specialty

471 Smythe Street, Fredericton

471 Smythe Street, Fredericton, NB E3B3E3

$49,500 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

93%

Lot Size

0 ac

About this property

An Exceptional Turnkey Business Opportunity in the Heart of Downtown Fredericton! Looking to become your own boss? This well-established and profitable smoke shop presents an exciting opportunity to own a thriving business in a prime downtown Fredericton location! Ideally situated just steps from banks, restaurants, shops, and other essential amenities, this business benefits from excellent visibility, steady foot traffic, and a loyal, established customer base. Known for its welcoming atmosphere, strong reputation, and consistent revenue, this turnkey operation offers a fantastic opportunity for an entrepreneur or family looking to step into business ownership with confidence. A five-year lease, signed in June 2026, provides added stability, while the desirable downtown location offers excellent potential for continued success and future growth. Don't miss your chance to take over a successful local business in one of Fredericton's most walkable and convenient locations! A signed Non-Disclosure Agreement (NDA) is required prior to the release of financial information. The purchaser will be responsible for registering their own business name. (id:66811)

Financial sandbox

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Estimate
Purchase price$50K
Down payment30% · $15K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$229

Projected NOI

$4K

Annual cash flow

$836

Cash-on-cash

5.63%

DSCR

1.30

Going-in cap

7.23%

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

101,776

Households

39,967

Median income

$72,500

Median age

39

Daytime population

113,253

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 471 Smythe Street, Fredericton.

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.