1/61668 Lorneville Road, Saint John
1668 Lorneville Road, Saint John, NB E2M7E6
Price on request
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
86%
Lot Size
0.33581267217630856 ac
About this property
FOR LEASE. Located on the scenic Lorneville rd, minutes away from Saint John and nearby the Bay of Fundy, this large building has been used for storage and previously was a fellowship hall and a meeting place. This building has a large footprint and includes a full basement with a kitchen/ cafeteria for get-together events. A solid bldg with great potential to be explored, limited only by your ambition. There is no disclosure as current owner did not use water, drainage, or heating systems. This property is also available for sale. All dimensions are approximate. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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
40,211
Households
17,581
Median income
$119,500
Median age
36.5
Daytime population
39,039
5-yr growth
1.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1668 Lorneville Road, Saint John.
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.