For Lease · Specialty

653 Main Street, Grand-Sault/Grand Falls

653 Main Street, Grand-Sault/Grand Falls, NB E3Z2W6

Price on request

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

96%

Lot Size

2.71 ac

About this property

**Commercial Space for Lease in Grand Falls** Over 3,000 sq. ft. of versatile commercial space, featuring a second-level office overlooking the main operations area, a 12' × 13' garage door, a bathroom, an emergency exit, and a separate entrance for employees or clients. Ample power to support your business needs. A great opportunity for a range of commercial or industrial uses. the Building is also available for purchase see MLS #NB130867 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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

141,005

Households

52,829

Median income

$98,000

Median age

31.5

Daytime population

224,486

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 653 Main Street, Grand-Sault/Grand Falls.

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.