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Business For Sale · Specialty

0 Hospital Street, Bath

0 Hospital Street, Bath, NB E7J1B8

$500,000 total

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Asset Class

Specialty

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

Lot Size

4.2 ac

About this property

An exceptional commercial investment opportunity awaits with this robust, 27,000-square-foot, three-level purpose-built former hospital set on over four acres of land. Maintained in overall great condition since operations transitioned to the Upper River Valley Hospital, the structure boasts modern siding installed shortly before closure and connects seamlessly to municipal water and sewer services. The well-equipped interior features a full commercial cafeteria space, elevator, oil boiler heating system, and a basement backup generator to ensure uninterrupted power. Ideally situated just five minutes from Florenceville-Bristol and the Trans-Canada Highway, and a quick 20-minute drive to the new regional hospital, this highly adaptable property offers tremendous potential for redevelopment into a care facility, multi-unit residential complex, educational center, or corporate headquarters. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$29K

Annual cash flow

$1K

Cash-on-cash

0.86%

DSCR

1.05

Going-in cap

5.80%

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

45,962

Households

17,077

Median income

$64,500

Median age

37.2

Daytime population

65,808

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 0 Hospital Street, Bath.

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.