Business For Sale · Specialty

10 Wildwood Street, Lewisporte

10 Wildwood Street, Lewisporte, Newfoundland & Labrador A0G3A0

$249,000 total

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Asset Class

Specialty

Size

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Building class

C

Zoning

US — Urban Services

$ / SF

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Occupancy

99%

About this property

COMMERCIAL WAREHOUSE OPPORTUNITY – 10 WILDWOOD STREET, LEWISPORTE! Looking for the perfect location to grow your business? Take a look at this fantastic commercial warehouse building located in the heart of Lewisporte offering outstanding opportunities for businesses across a variety of industries. Property Features include a spacious warehouse measuring 75'x50', plus an additional 8'x16' office space. Inside there's is a 12'x8' cooler and an impressive 18.5'x16' freezer unit plus a convenient 4'x4'' washroom. Loading facilities include two loading docks for efficient shipping and receiving and a very large parking lot with plenty of space for trucks, deliveries, and customer parking. Situated at 10 Wildwood Street in the heart of Lewisporte, this building offers an excellent opportunity for your business to establish or expand. Whether you’re looking to operate a warehouse, distribution centre, storage facility, or another type of commercial business, this property offers plenty of potential to make your plans a reality. Don’t miss out on this excellent commercial opportunity! Contact an agent today for more information or to arrange a viewing before it’s gone! Your next business opportunity awaits in Lewisporte! (id:66811)

Financial sandbox

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Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$20K

Annual cash flow

$6K

Cash-on-cash

8.28%

DSCR

1.45

Going-in cap

8.02%

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

88,665

Households

40,021

Median income

$80,500

Median age

41.5

Daytime population

149,463

5-yr growth

5.4%

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

Secure deal room

Confidential diligence documents for 10 Wildwood Street, Lewisporte.

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.