71 High Street, North Sydney71 High Street, North Sydney — photo 271 High Street, North Sydney — photo 371 High Street, North Sydney — photo 471 High Street, North Sydney — photo 571 High Street, North Sydney — photo 671 High Street, North Sydney — photo 771 High Street, North Sydney — photo 871 High Street, North Sydney — photo 971 High Street, North Sydney — photo 1071 High Street, North Sydney — photo 1171 High Street, North Sydney — photo 1271 High Street, North Sydney — photo 1371 High Street, North Sydney — photo 1471 High Street, North Sydney — photo 1571 High Street, North Sydney — photo 1671 High Street, North Sydney — photo 1771 High Street, North Sydney — photo 1871 High Street, North Sydney — photo 1971 High Street, North Sydney — photo 2071 High Street, North Sydney — photo 2171 High Street, North Sydney — photo 2271 High Street, North Sydney — photo 2371 High Street, North Sydney — photo 2471 High Street, North Sydney — photo 2571 High Street, North Sydney — photo 2671 High Street, North Sydney — photo 2771 High Street, North Sydney — photo 2871 High Street, North Sydney — photo 2971 High Street, North Sydney — photo 3071 High Street, North Sydney — photo 3171 High Street, North Sydney — photo 3271 High Street, North Sydney — photo 3371 High Street, North Sydney — photo 3471 High Street, North Sydney — photo 35
1/35
Business For Sale · Specialty

71 High Street, North Sydney

71 High Street, North Sydney, NS B2A3T9

$369,999 total

—

Asset Class

Specialty

Size

—

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

90%

Lot Size

0.3686 ac

About this property

Unlock the potential of this well-located commercial property, currently leased to a successful physiotherapy clinic in a high-traffic area with excellent visibility and access. With over 8 months remaining on a triple net lease, it offers immediate, reliable income. Beyond its current use, the property presents a strong opportunity for redevelopment. The building could be converted into a multi-unit residential property, with additional potential to add more units on the lot (subject to approvals), making it ideal for investors seeking long-term growth. Featuring flexible zoning, ample on-site parking, and a prime location, this property offers both steady cash flow today and significant upside for the future. Contact your realtor to learn more or schedule a viewing. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$370K
Down payment30% · $111K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$24K

Annual cash flow

$3K

Cash-on-cash

2.77%

DSCR

1.15

Going-in cap

6.37%

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

62,960

Households

23,554

Median income

$75,000

Median age

41.7

Daytime population

83,221

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 71 High Street, North Sydney.

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.