1/8243 Water Street, Yarmouth County
243 Water Street, Yarmouth County, NS B5A1M1
$1.5M total
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Asset Class
Industrial
Size
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Building class
B
Zoning
IB — Industrial Business
$ / SF
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Occupancy
96%
Year Built
1970
Lot Size
1.28 ac
Clear height
33 ft
Loading docks
4
About this property
Plant for sale with 36729 Square feet of building space for business to operate. Large freezer that holds 180 skids and goes down to -28, two loading bays, factory is set up for steam manufacturing. The basement can hold 11 tractor trailer loads of material. Tenant pays all expenses. Building is currently occupied and has a seven years and nine months left on a 10 year lease. The rent goes up by 2.5% annually on September 1. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-3K
Cash-on-cash
-0.74%
DSCR
0.96
Going-in cap
5.32%
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
80,825
Households
36,464
Median income
$128,000
Median age
35.4
Daytime population
91,507
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 243 Water Street, Yarmouth County.
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.