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$149,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
90%
Year Built
1979
An excellent opportunity to own a fully equipped, turnkey restaurant in a prime, highly visible location. Surrounded by apartment buildings and office towers, Restaurant Seoulmate is within walking distance of public transit, grocery stores, banks, and other everyday amenities, making it a convenient dining spot for nearby residents and office workers. The restaurant features a welcoming dining area with ample seating and is ready for a new owner to step in. Currently serving sushi and Asian cuisine, the space offers the flexibility to continue the existing concept or bring your own menu and vision to the location. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$688
Projected NOI
$8K
Annual cash flow
$-548
Cash-on-cash
-1.23%
DSCR
0.93
Going-in cap
5.17%
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
129,722
Households
55,519
Median income
$96,500
Median age
32.1
Daytime population
143,260
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6253 Quinpool Road, Halifax.
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.