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$124,900 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
94%
Lot Size
0.3549 ac
Welcome to 2697 Barronsfield Road, a well-maintained former church and fellowship hall featuring over 2,000 sq. ft. on about 0.35 acres in River Hebert! Located along Barronsfield Road with easy access toward Highway 242 and the Joggins area. Step in through the main entrance into a reception area that opens into a large gathering hall with a vaulted wood ceiling and plenty of natural light from the newer windows. The main level also includes a full kitchen with ample cabinetry and two double sinks, well suited for community events or conversion. Downstairs you will find several partitioned rooms that have served as Sunday school, offices, meeting space, and storage, along with two washrooms. A wheelchair-accessible ramp leads to an alternate entrance. This building has seen solid updates, including a new metal roof (2018), new windows (2017), water lines upgraded to PEX (2019), a new well pump (2025), and a drilled well. Heated by an oil furnace with a fiberglass oil tank manufactured in 2014, and electrical is a 100-amp breaker panel. Though the property is not connected at this time, there is municipal sewer available. A practical fit for a community hall, non-profit or studio space, residential conversion, or anyone wanting a flexible building with real updates already done. Book your showing today, you'll be glad you did! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$577
Projected NOI
$7K
Annual cash flow
$471
Cash-on-cash
1.26%
DSCR
1.07
Going-in cap
5.92%
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
46,002
Households
16,680
Median income
$87,500
Median age
44.4
Daytime population
67,810
5-yr growth
4.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2697 Barronsfield Road, River Hebert.
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.