







1/9331 HWY#6 Highway, East Amherst, NS B4H3Y2
$99,900 total
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
89%
Year Built
1945
Lot Size
1.1111 ac
Clear height
25 ft
Loading docks
12
For under $100,000yes, you heard that right! Situated on approximately 1.1 acres and offering both commercial and residential uses, this property is a great investment opportunity with plenty of potential. The main residential building contains three apartments: one one-bedroom unit and one three-bedroom unit on the second floor, plus another three-bedroom unit on the ground floor. The property also includes commercial retail space and a large two-storey warehouse-style building offering space for business operations or storage. The warehouse includes an area with a large bay door, several individual storage units, and additional space with further potential. With work and improvements, this property could become a great income-producing investment. The property is being sold in as-is condition. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$461
Projected NOI
$5K
Annual cash flow
$-233
Cash-on-cash
-0.78%
DSCR
0.96
Going-in cap
5.31%
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
102,577
Households
48,141
Median income
$76,500
Median age
41.4
Daytime population
134,919
5-yr growth
6.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 331 HWY#6 Highway, East Amherst.
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.