For Sale · Specialty

748 Route 105, Nackawic

748 Route 105, Nackawic, NB E6G1V5

$749,900 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

85%

Year Built

2020

Lot Size

1.0882511379192756 ac

About this property

EXCEPTIONAL OPPORTUNITY! The Waterfront Pub and Eatery in the heart of Nackawic offering year-round traffic, unbeatable recreational access, & strong highway exposure. Perfectly positioned along the Saint John River, this well-known destination draws locals, boaters, campers, & outdoor enthusiasts! Boat dock directly across the street allows guests to pull up in the summer which is a valuable feature. In the winter, extensive NB trail systems connect right to the door, making this a natural stop for skidoos & ATVs. Widely known for its welcoming atmosphere & crowd-pleasing events and also highlighted by authentic Italian homemade pizza made from scratch which is a true standout! Beyond that, the menu delivers exactly what patrons expect from a great pub...delicious! Minutes from Bear Island Campground, the business benefits from steady seasonal tourism while maintaining a strong local following year-round. Inside, the space offers a warm & inviting environment with a fully equipped bar, ample seating & everything required to continue operations seamlessly. Outside, the waterfront setting provides a natural draw for summer crowds and special events. An unbelievable location tied to water, trails, and tourism. This is a rare chance to acquire a lifestyle business with room to grow. Turnkey, Waterfront, Trails, Dock access, & Highway exposure. A must-see opportunity for owner-operators or investors seeking a distinctive NB hospitality asset (id:66811)

Financial sandbox

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Estimate
Purchase price$750K
Down payment30% · $225K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$47K

Annual cash flow

$5K

Cash-on-cash

2.40%

DSCR

1.13

Going-in cap

6.26%

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

75,315

Households

34,045

Median income

$84,500

Median age

41.8

Daytime population

111,819

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 748 Route 105, Nackawic.

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.