
























1/261 Woodlawn Road, Dorchester, NB E4K3A6
$199,500 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
96%
Lot Size
0.26044884181810096 ac
COMMERCIAL BUILDING (AND BUSINESS) IN THE HEART OF THE VILLAGE OF DORCHESTER! This building could be a commercial or residential building, or a combination of the two! Featuring a fully equipped commercial kitchen, and restaurant space with a main dining area, a smaller dining area, a smaller second kitchen, a half bathroom, and storage closet. There is also a large finished loft space perfect for extra storage or a getaway. The basement is a full 4'8 dry concrete foundation which offers fantastic storage space as well. On the exterior is a large new deck for outdoor dining, and ample parking with parking at the front of the building as well as a parking lot on the side that extends to the neighbouring home. This sale can include the 'Village Square Take-Out', a well established restaurant located on the scenic route between Sackville and Memramcook and only 30 minutes to Moncton! This building has been impeccably maintained and updated, turn-key for a new owner! The building has two 100-amp entrances (one for kitchen and one for the opposite side), and is operated with natural gas, natural gas fireplace, and electric heat. (id:66811)
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Monthly debt service
$921
Projected NOI
$13K
Annual cash flow
$2K
Cash-on-cash
2.88%
DSCR
1.16
Going-in cap
6.40%
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
43,662
Households
20,437
Median income
$125,500
Median age
36.2
Daytime population
39,526
5-yr growth
3.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1 Woodlawn Road, Dorchester.
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.