1/930 King Street, St. Stephen
30 King Street, St. Stephen, NB E3L2C2
$124,900 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
99%
Lot Size
0.12 ac
About this property
King St Takeout, once known as The Greasy Spoon, has been a community staple since 1943, serving up classic fish and chips and hometown charm for over 80 years. As St. Stephens oldest operating takeout, its a beloved landmark with decades of loyal customers and small-town nostalgia built in. Centrally located in the heart of town, the property offers prime visibility and consistent traffic, ideal for an owner ready to carry on the legacy. Completely updated about 10 years ago with new wiring, plumbing, foundation, drainage, and roof, this well-maintained building combines old-school history with modern reliability. Featuring commercial-grade fryers and a generator hookup, its ready for your next business adventure. Own a piece of St. Stephen history, and make money doing it! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$577
Projected NOI
$10K
Annual cash flow
$3K
Cash-on-cash
7.69%
DSCR
1.42
Going-in cap
7.85%
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
98,619
Households
38,076
Median income
$69,000
Median age
40.3
Daytime population
153,444
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 30 King Street, St. Stephen.
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.