Business For Sale · Land

67-B Lawrence Boulevard, Stellarton

67-B Lawrence Boulevard, Stellarton, NS B0K1S0

$219,900 total

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Asset Class

Land

Size

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Building class

B

Zoning

AG — Agricultural

$ / SF

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Occupancy

98%

Lot Size

2.2 ac

About this property

High Visible Commercial opportunity in Pictou County! The Albion Business Park is perfectly located in Stellarton with exit and/or entry at both exits 23 and 24 of the Trans Canada. This 2.2 acre lot is highly visible from the Highway and easily accessible. Situate yourself amongst established businesses that include; Kent Building Supplies, Two retail strip malls, Holiday Inn, Subway, Registry of Motor Vehicles, SPCA, Self Storage, Centennial Carstar, and Home Hardware as well as other developments currently underway. With few spaces left, this could be the perfect location for your professional or retail business! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$220K
Down payment30% · $66K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$12K

Annual cash flow

$-444

Cash-on-cash

-0.67%

DSCR

0.96

Going-in cap

5.34%

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

76,838

Households

30,438

Median income

$66,000

Median age

39.7

Daytime population

116,819

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 67-B Lawrence Boulevard, Stellarton.

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.