Business For Sale · Specialty

1121 Waterville Mountain Road, Cambridge

1121 Waterville Mountain Road, Cambridge, NS B0P1V0

$399,900 total

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

82%

Lot Size

0.703 ac

About this property

A versatile property with endless possibilities, this C3 zoned offering is ideally situated on a large, cleared and landscaped corner lot with a circular driveway and plenty of parking. Offering 2,454 square feet of total living space, the property features three bedrooms and two bathrooms, including a spacious secondary suite complete with a kitchenette, three piece bath, bedroom and separate living area. The bright and inviting main entrance opens into a generous mudroom, while the main level offers a lovely open concept dining and living area, a spacious primary bedroom, and several flexible spaces that could be utilized as home offices or additional living areas. A detached single car garage provides additional storage and workshop space. Currently utilized as housing for temporary farm workers, this property offers a unique opportunity for a variety of uses. Whether you are looking for an investment, income property, business opportunity, or a property that can adapt to your changing needs, the possibilities are extensive. Conveniently located just minutes from Michelin, this is an opportunity worth exploring. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$21K

Annual cash flow

$-698

Cash-on-cash

-0.58%

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

115,557

Households

54,085

Median income

$67,000

Median age

39.7

Daytime population

127,472

5-yr growth

4.6%

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

Secure deal room

Confidential diligence documents for 1121 Waterville Mountain Road, Cambridge.

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.