1/111181 395 Highway, South Lake Ainslie
1181 395 Highway, South Lake Ainslie, NS B0E3M0
$259,000 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
97%
Year Built
1978
Lot Size
2.9 ac
About this property
Located on Highway 395 in South Lake Ainslie, this 40 x 80 commercial building was previously used as a small machine repair shop, making it a great opportunity for anyone looking to establish or expand a business. The building features a concrete slab, insulation, existing wiring, and a steel roof installed approximately two years ago. The property also includes an existing dug well and holding tank. Conveniently located just five minutes from Whycocomagh and its amenities, this property offers excellent potential for a variety of commercial uses. A great opportunity to bring your business ideas to life in a convenient location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$19K
Annual cash flow
$5K
Cash-on-cash
5.92%
DSCR
1.32
Going-in cap
7.32%
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
93,082
Households
40,709
Median income
$127,500
Median age
39.7
Daytime population
137,242
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1181 395 Highway, South Lake Ainslie.
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.