Business For Sale · Multifamily

11081 Rue Principale, Rogersville

11081 Rue Principale, Rogersville, NB E4Y2L9

$289,900 total

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Asset Class

Multifamily

Size

—

Building class

C

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

98%

Year Built

1910

Lot Size

0.21522859698630542 ac

About this property

MIXED-USE BUILDING. TURNKEY RESTAURANT PLUS TWO APARTMENTS. MAIN STREET EXPOSURE. Three income streams under one roof on the busiest street in Rogersville. A 2,600 sq ft main-floor commercial space fully fitted for food service, two rental units upstairs, and interior condition that needs nothing before opening day. MAIN FLOOR. 2,600 sq ft of open commercial space currently operating as a restaurant. Sale includes a substantial package of commercial kitchen equipment, so a buyer in food service skips the single biggest startup cost. The footprint suits retail, office, clinic, or service business just as easily. UPSTAIRS. Two self-contained rental units. Keep them as income to carry the building, or convert one to an owners suite and live above the business. CONDITION. Interior in excellent condition throughout. Move in and operate. LOCATION. Rue Principale frontage with steady drive-by and foot traffic. Signage visibility is the marketing budget. WHO THIS FITS. Owner-operators who want the building and the business in one purchase. Investors who want commercial rent plus two residential leases. Anyone who wants a storefront with income already attached. Contact for the equipment list, rent roll, and zoning details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$290K
Down payment30% · $87K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$-580

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

81,654

Households

32,875

Median income

$123,000

Median age

32.9

Daytime population

132,598

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 11081 Rue Principale, Rogersville.

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.