Business For Sale · Office

10 Conception Bay Highway, Marysvale

10 Conception Bay Highway, Marysvale, Newfoundland & Labrador A0A2Z0

$199,900 total

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

99%

Year Built

2010

About this property

Tired of leasing and looking to own your business space? If so, 10 Conception Bay Highway in Marysvale is an excellent 3,000 square foot stand-alone building. This property is perfect for light industrial/professional usage and could easily be converted into small apartments! The property has an artesian well and underground commercial plumbing is completed, just need sewer lines and septic tank! Separate electrical room & water supply room. A rare find with an abundance of opportunity right at your fingertips! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$15K

Annual cash flow

$4K

Cash-on-cash

6.55%

DSCR

1.35

Going-in cap

7.51%

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

42,152

Households

18,084

Median income

$95,000

Median age

31.1

Daytime population

43,620

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 10 Conception Bay Highway, Marysvale.

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.