
























1/26868 Prospect Road, Goodwood, NS B3T1P4
$1.1M total
—
Asset Class
Industrial
Size
—
Building class
C
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
94%
Year Built
1985
Lot Size
0.4545 ac
Clear height
33 ft
Loading docks
2
This industrial property offers 3,105 SF of building space across two buildings on a 19,800 SF (0.45-acre) site, with high exposure Prospect Rd, 2.8 KM from Exhibition Park. Zoned I-1 (Light Industrial) the property also permits C-2 (General Business) uses such as outdoor display/ automotive sales, providing flexibility for a variety of business operations. The main building features three private offices, a showroom and reception area, warehouse space with grade-level double man doors, and ceiling heights ranging from 8' - 12'. A detached rear storage building provides additional space, making this property well suited for an owner-occupier or business seeking a versatile industrial and commercial location with yard. Located at 868 Prospect Road, this property benefits from an established mix of commercial and industrial businesses, including construction and demolition recycling, metal recycling, heavy-duty truck and trailer repair, transportation, and container supply services in the same area. With convenient access to Halifax, with Ragged Lake Business Park, Beechville Business Park and Bayers Lake Business Park all approximately 5 minutes away, downtown Halifax approximately 10 minutes away and with easy access to the 102 and 103 highways, as well as being a high visibility site on the route to Peggy's Cove. Halifax Stanfield International Airport is approximately 25 minutes away, providing connectivity for regional and national business operations. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$69K
Annual cash flow
$6K
Cash-on-cash
1.83%
DSCR
1.10
Going-in cap
6.09%
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
68,688
Households
26,334
Median income
$67,000
Median age
40.4
Daytime population
92,825
5-yr growth
5.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 868 Prospect Road, Goodwood.
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.