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$499,900 total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
84%
Lot Size
7.215466 ac
PRIME COMMERCIAL LOCATION 7.2 ACRES IN CAP-PELÉ! LOCATION, LOCATION, LOCATION! An exceptional investment and development opportunity in the heart of Cap-Pelé! This 7.2-acre cleared and level lot, zoned General Commercial (GC), offers tremendous potential for commercial, residential, and recreational development. MUNICIPAL SEWER SERVICES ARE AVAILABLE, adding significant appeal to this versatile property. Potential uses include single-unit dwellings, two-unit dwellings, semi-detached dwellings with a maximum of four units, multi-unit dwellings with up to four units, multi-unit developments exceeding four units, special care homes, restaurants, recreational uses, and a wide variety of commercial opportunities. All proposed uses and developments are subject to applicable zoning regulations and Planning Commission approval. Strategically located next to Tim Hortons, directly across from Irving, and backing onto the beautiful Aboiteau Beach, this property enjoys an outstanding location near established businesses and popular recreational attractions. Ideally located approximately 24 km from Shediac, 47 km from Moncton, and 45 km from the Confederation Bridge, offering excellent accessibility to major destinations throughout Southeastern New Brunswick and Prince Edward Island. Whether you're an investor, developer, or entrepreneur looking to bring your next project to life, this property offers exceptional flexibility and exciting possibilities. 7.2 ACRES, CLEARED AND LEVEL LOT, GENERAL COMMERCIAL ZONING, MUNICIPAL SEWER SERVICES, AND A PRIME LOCATION! Don't miss this outstanding opportunity to invest in the future of Cap-Pelé! (id:66811)
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Monthly debt service
$2K
Projected NOI
$20K
Annual cash flow
$-8K
Cash-on-cash
-5.45%
DSCR
0.70
Going-in cap
3.91%
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.
Trade area within 3 miles of the property.
Population
45,963
Households
19,278
Median income
$104,000
Median age
32.6
Daytime population
41,911
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for Lot 91-12 Bas Cap-Pelé, Cap-Pelé.
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.