










1/12118 Boul. Siant - Pierre 0, Caraquet, NB E1W1B9
$689,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
83%
Lot Size
0.41 ac
When Viewing This Property On Realtor.ca Please Click On The Multimedia or Virtual Tour Link For More Property Info. A rare opportunity to acquire both a well-established restaurant business and a quality commercial property in a prime location on Boulevard Saint-Pierre. This popular resto-pub enjoys an excellent reputation, a loyal local clientele and strong seasonal tourism traffic. The main floor features a bright dining area, inviting bar, private meeting/event room and a fully equipped professional kitchen. Furniture, restaurant/bar equipment and several recent additions are included. An attached garage, large paved parking area and outdoor terrace complete the commercial space. Upstairs, a beautifully renovated 3-bedroom, 2-bathroom apartment offers additional possibilities for an owner-operator, long-term rental or potential short-term/Airbnb use, subject to applicable requirements. Continue operating the successful existing concept or take advantage of the modern, turnkey facilities to introduce your own restaurant concept, franchise or expanded services. With approximately 3,920 sq. ft., this is much more than a restaurantit is a complete business and real estate investment opportunity in the heart of Caraquet. Financial information and additional business details available to serious, qualified buyers . (id:66811)
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Monthly debt service
$3K
Projected NOI
$38K
Annual cash flow
$-165
Cash-on-cash
-0.08%
DSCR
1.00
Going-in cap
5.52%
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
42,283
Households
17,823
Median income
$103,500
Median age
32.7
Daytime population
47,900
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 118 Boul. Siant - Pierre 0, Caraquet.
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.