Business For Sale · Industrial

4409 115 Route, Saint-Antoine

4409 115 Route, Saint-Antoine, NB E4V1B6

$895,000 total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

85%

Lot Size

5.71 ac

Clear height

23 ft

Loading docks

8

About this property

This 5.71-acre industrial property is located along Route 115 just outside the Village of Saint-Antoine, approximately 34 kilometres from Moncton. The site includes a combined 18,959 square feet of industrial space across two main buildings, offering flexibility for fabrication, warehousing, service operations or owner-occupier use. The primary building totals 16,559 square feet and features a mix of warehouse, fabrication and office space with clear heights ranging from 12 to 32 feet. The structure includes three 10-ton overhead cranes, a reinforced concrete slab with in-floor heating, LED lighting, grade-level loading, and a small office component with a reception area, boardroom and staff facilities. The layout provides strong utility for a variety of industrial users. A secondary 2,400 square foot paint shop with high ceilings and drive-in access offers additional workspace that complements the main building. A third arch-rib Quonset structure is also located on the property. The site benefits from two access points directly off Route 115, ample outdoor yard area, and the flexibility of being located within an unzoned Local Service District. Services include drilled well water and septic, and the large lot offers room for vehicle circulation, outdoor storage and potential future expansion. This property provides a strong opportunity for fabrication operators, industrial service companies or investors seeking substantial industrial space. (id:66811)

Financial sandbox

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Estimate
Purchase price$895K
Down payment30% · $269K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$48K

Annual cash flow

$-2K

Cash-on-cash

-0.56%

DSCR

0.97

Going-in cap

5.37%

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

101,638

Households

43,637

Median income

$119,000

Median age

32.9

Daytime population

121,889

5-yr growth

1.9%

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

Secure deal room

Confidential diligence documents for 4409 115 Route, Saint-Antoine.

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.