1/12Lot Ouellette Street, Grand-Sault/Grand Falls
Lot Ouellette Street, Grand-Sault/Grand Falls, NB E3Z0A6
$399,000 total
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Asset Class
Land
Size
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Building class
A
Zoning
UR — Urban Reserve
$ / SF
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Occupancy
92%
Lot Size
1.6790795826888008 ac
About this property
Excellent opportunity to invest in one of Grand Falls' growing commercial areas! Ideally located on Ouellette Street, this commercial lot is surrounded by established businesses and popular destinations, including the E.P. Sénéchal Centre, golf course, car dealerships, hotels, and many other commercial amenities. With its location in an active commercial area, this property offers exciting potential for entrepreneurs, investors, and developers looking to establish a new business or to pursue a future development project. Current owners have just invested in lots of gravel and the lot is ready to build! Whether you are planning your next commercial venture or looking to secure a strategic investment, this is an opportunity worth exploring! Reach out to your favorite REALTOR® for more information. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$16K
Annual cash flow
$-6K
Cash-on-cash
-5.29%
DSCR
0.71
Going-in cap
3.95%
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
70,173
Households
25,184
Median income
$112,500
Median age
32.4
Daytime population
67,259
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Lot Ouellette Street, Grand-Sault/Grand Falls.
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.