Business For Sale · Industrial

170 Island Blue Road, Murray River

170 Island Blue Road, Murray River, PE C0A1W0

$395,000 total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

83%

Lot Size

11.59 ac

Clear height

18 ft

Loading docks

6

About this property

Introducing an exceptional commercial investment opportunity at 170 Island Blue Road, an expansive property with vast potential in the heart of PEI's coastal landscape. Situated on 11.59 acres of prime land bordering PEI's renowned Confederation Trail, this property offers a strategic location for ventures in the aquaculture industry or related sectors. Formerly utilized as an aquaculture plant, the property features a main building with over 3,500 square feet of versatile space on the main level. Additional space upstairs, complete with an office, kitchen, and bathroom, offers added flexibility and convenience for administrative functions or employee facilities. With direct access to sea water piped from the adjacent shoreline, this property provides invaluable resources for aquaculture ventures, ensuring efficient operations and sustainable growth. The presence of neighboring properties with similar industries underscores the desirability and potential of this location for investment. Privacy and security are ensured with a discreet entry gate, offering peace of mind for investors seeking a secure and exclusive environment for their business endeavors. The property's proximity to Charlottetown and key transportation routes further enhances its appeal, providing easy access to markets and logistical networks. Don't miss this opportunity to invest in a prime commercial property. (id:66811)

Financial sandbox

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Estimate
Purchase price$395K
Down payment30% · $119K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$18K

Annual cash flow

$-4K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

72,401

Households

29,310

Median income

$119,000

Median age

35.6

Daytime population

70,661

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 170 Island Blue Road, Murray River.

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.