Business For Sale · Industrial

150 Horne Settlement Road, Enfield

150 Horne Settlement Road, Enfield, NS B2T1G8

Price on request

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

99%

Year Built

2015

Lot Size

2.7619 ac

Clear height

30 ft

Loading docks

2

About this property

An exceptional opportunity to lease versatile commercial space in Enfield, offering approximately 7900 sq. ft. of building space on 2.88 acres of land. Featuring a greenhouse of approximately 1,500 sq. ft., multiple warehouse areas, two dock-level loading doors, grade-level loading, and an approximately 1,000 sq. ft. mezzanine, this property offers flexibility for a variety of business operations. Additional features include higher-clearance warehouse space, a separate warehouse area with lower ceilings, office space and two washrooms. The expansive gravel yard provides room for parking, equipment, and outdoor storage, subject to permitted uses. Conveniently located with access to Highway 102 and Halifax Stanfield International Airport, this property is ideally suited for a range of commercial, warehousing, distribution, landscaping, nursery, and contractor uses. Lease the entire building or inquire about leasing individual areas. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

53,189

Households

20,169

Median income

$92,500

Median age

45.7

Daytime population

59,401

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 150 Horne Settlement Road, Enfield.

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.