Business For Sale · Retail

40 East Chezzetcook Road, East Chezzetcook

40 East Chezzetcook Road, East Chezzetcook, NS B0J2L0

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

90%

Year Built

1876

Lot Size

1.26 ac

About this property

Bring your idea to life in this unique 750 sf lower-level space inside a converted former church in East Chezzetcook. With its peaceful rural setting on the Eastern Shore, this space offers flexibility and character you won't find in a typical commercial unit. The space features a kitchen, a private washroom, and an open area ready for your business. It's well suited to classes, workshops, meetings or a small café. Step outside to an outdoor area for eating, relaxing or hosting guests in the warmer months. Shared storage is also included. The property is zoned RE (Rural Enterprise), which allows a wide range of uses. Ideas include: Creative cooperative or shared artist studio Café, bakery or small food business Professional or shared offices Wellness, yoga or fitness classes Workshops, meetings and community programs Tenants should confirm their intended use with HRM. You'll be joining Seize the Clay, an established pottery studio already operating in the building. This is a natural fit for makers, artists and small businesses looking for a welcoming community. Enjoy a quiet country setting just a short drive to Porters Lake amenities and Dartmouth, and close to the Gaetz Brook Greenway trail. Rent: $1,200/month Utilities: Estimated $600/month (extra) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

86,395

Households

33,967

Median income

$77,500

Median age

41.8

Daytime population

115,160

5-yr growth

6.7%

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

Secure deal room

Confidential diligence documents for 40 East Chezzetcook Road, East Chezzetcook.

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.