Business For Sale · Industrial

5077 Highway 4, Alma

5077 Highway 4, Alma, NS B0K2A0

$549,900 total

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

84%

Lot Size

16.846 ac

Clear height

18 ft

Loading docks

1

About this property

First time on the market! Rare 16.85-acre offering in Alma with frontage on Alma Road and access on Highway 4, just 2 minutes to the Trans-Canada Highway. Recently surveyed and ready for its next chapter, the property combines partially cleared area and frontage on Alma Road and offers real development potential, along with a large 50x104 building that could suit many uses. Large bay doors at each end of the building let you drive right through. The main level is an open, concrete-floored space with a storage room that could become office space. Upstairs, exposed timber framing and high ceilings create a vast open space with room for lots of ideas, plus ground-level bay doors at the back for easy access. A new metal roof (2024) adds peace of mind. Picture a workshop, storage or equipment base, a creative or event venue, or a business that benefits from the nearby school and steady local traffic. The building was originally a machine shop and was most recently used by a construction company. There is also plenty of land for residential development possibilities. Buyer to verify zoning and permitted uses. Currently vacant and ready for a new owner. A standout opportunity for investors, entrepreneurs and developers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$550K
Down payment30% · $165K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$22K

Annual cash flow

$-9K

Cash-on-cash

-5.34%

DSCR

0.71

Going-in cap

3.94%

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

45,252

Households

19,513

Median income

$126,000

Median age

32.9

Daytime population

42,070

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 5077 Highway 4, Alma.

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.