1/315823 King Street, Riverside-Albert
5823 King Street, Riverside-Albert, NB E4H4B4
$125,000 total
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Asset Class
Office
Size
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Building class
A
Zoning
CO — Commercial Office
$ / SF
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Occupancy
97%
Lot Size
2 ac
About this property
Former municipal building located on major tourist route sitting on a lovely, treed 2 acre lot. Property is zoned Mixed Use which has many uses including residential, multi residential, day care, restaurant, tourism, etc.. Buyer is advised to check with Plan 360 Planning Commission. Detached garage. Handy Hopewell Rocks, Broadleaf Guest Ranch, TransCanada Walking Trail, Crooked Creek Look Out, Cape Enrage, Shepody National Wildlife Area, and Fundy National Park. Buildings need TLC and are sold As Is (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$577
Projected NOI
$9K
Annual cash flow
$2K
Cash-on-cash
4.37%
DSCR
1.24
Going-in cap
6.85%
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
130,879
Households
57,464
Median income
$62,000
Median age
35.1
Daytime population
179,548
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5823 King Street, Riverside-Albert.
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.