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Business For Sale · Retail

111 Victoria Street E, Amherst

111 Victoria Street E, Amherst, NS B4H1X9

$225,000 total

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Asset Class

Retail

Size

—

Building class

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

93%

About this property

An Excellent Opportunity in the Heart of Downtown Amherst! Position your business for success with this well-located commercial property in the heart of downtown Amherst! Ideally situated at the intersection of two busy streets, this property offers excellent visibility, steady foot traffic, and a full length storefront windowproviding the perfect opportunity to showcase your business. The main floor features versatile space suitable for retail, professional offices, or a variety of commercial uses. Currently divided into separate areas, the layout can easily be customized to suit your needs. The second floor offers a spacious, open concept area filled with natural light, along with a full bathroom and a well appointed staff room or meeting space complete with a kitchenette. The third floor provides ample shelving and storage, offering additional flexibility for inventory, operations, or future possibilities. With high ceilings, abundant natural light, and plenty of character, this property offers endless potential in a prime downtown location. An added bonus: The sellers are willing to consider a vendor take back mortgage for a qualified buyer! Don't miss this opportunity to bring your business vision to life in downtown Amherst. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$225K

Down payment30% · $68K

Interest rate6.25%

Amortization25 years

Occupancy93%

Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$821

Cash-on-cash

1.22%

DSCR

1.07

Going-in cap

5.91%

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

45,320

Households

18,979

Median income

$88,000

Median age

40.4

Daytime population

61,304

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 111 Victoria Street E, Amherst.

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.