
































1/34528 Main Street, Montague, PE C0A1R0
$969,000 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
—
Occupancy
86%
Year Built
1990
Lot Size
0.46 ac
Commanding exceptional visibility in the vibrant heart of downtown Montague, this premier 0.46-acre commercial property represents a rare acquisition for the sophisticated investor. Featuring outstanding transport connectivity, a spacious yard, and 23 paved parking spaces designed to handle high-volume traffic effortlessly, this asset is built for enduring commercial success. A seamless turnkey opportunity structured as a share sale, encompassing both the real estate property and the established operating businesses. Spanning 4,020 sq. ft. across two functional levels, the building delivers a rock-solid income stream anchored by a thriving, 20-year Pizza Delight franchise on the main floor, complemented by a popular local casual bar on the lower level. Benefit from an established, loyal customer base, heavy foot and vehicular traffic, and unbeatable downtown exposure. To facilitate a streamlined acquisition, the vendor is open to Vendor Take-Back (VTB) Financing options for qualified buyers. Whether you are looking to secure a high-yield, cash-flowing asset for your portfolio or capture a generational commercial holding with significant value appreciation, this Montague cornerstone is an absolute must-see. (id:66811)
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Monthly debt service
$4K
Projected NOI
$51K
Annual cash flow
$-3K
Cash-on-cash
-0.87%
DSCR
0.95
Going-in cap
5.28%
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.
Trade area within 3 miles of the property.
Population
142,939
Households
57,394
Median income
$128,000
Median age
37.3
Daytime population
154,341
5-yr growth
9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 528 Main Street, Montague.
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.