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$1.9M total
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Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
84%
Lot Size
92.9 ac
Exceptional Oceanfront Investment Opportunity 93 Acres | Approx. 6,400 Feet of Ocean & River Frontage A rare opportunity to own 93 acres with approximately 6,400 feet of ocean and river frontage along Cape Breton's beautiful coast. Offering exceptional privacy, extensive shoreline, existing infrastructure, and tremendous investment potential, this property is ideal for a private retreat, vacation rentals, tourism development, or a nature-based resort. Located just 15 minutes from Arichat and 25 minutes from Port Hawkesbury, the property combines peaceful coastal surroundings with convenient access to amenities. The planned multibillion-dollar EverWind AI Data Centre Campus in nearby Point Tupper adds to the region's future economic potential. A newly constructed 40' x 60' building features steel siding, a metal roof, propane furnace, small commercial kitchen, bathroom, and on-demand hot water. A drilled well and septic system are already in place. A separate solar building houses 16 solar panels and battery storage, supported by a Generac generator that automatically activates when battery levels are low. Additional features include a sundeck overlooking the water, a second driveway providing direct shoreline access. Enjoy boating, sailing, fishing, hunting, hiking, and abundant wildlife. Oysters, scallops, and clams can be found in the surrounding coastal waters. Tools, two campers, and a Grizzly ATV may be negotiated separately. With substantial acreage, extensive waterfront, and valuable existing infrastructure, this exceptional property offers endless possibilities for recreation, development, or long-term investment. A truly unique opportunity on Cape Breton's coastline! Please read extensive overview in documents. (id:66811)
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Monthly debt service
$9K
Projected NOI
$67K
Annual cash flow
$-35K
Cash-on-cash
-6.39%
DSCR
0.65
Going-in cap
3.63%
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
65,970
Households
27,198
Median income
$110,500
Median age
31.4
Daytime population
95,031
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 141 Little Passage Road, West Arichat, St. Marys.
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.