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Commercial Property With AirBnB Suites In Yarmouth Nova Scotia For Sale

Yarmouth, Nova Scotia, Canada
Asking Price:
$500,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$99,000 (CAD)
Cash Flow:
$45,000 (CAD)

Rental Income Property for Sale with Multiple Income Streams.

**Ground floor is a leased 845 sq ft commercial unit** (Rental Income: $24k per year)

** 1st floor offers 3 luxurious AirBnB rental suites with harbor front views; two of the rooms include a luxury jacuzzi** (Rental income of $75k, forecast to grow to $100k in 2024). Each room includes a free day-pass at a local fitness center.

** 2nd floor is currently vacant and can be converted into an owners apartment or additional AirBnB rental suites.

property was recently appraised at $545k and is included in the list price.

Property Information

Real Estate:

Real Property Included

Location:

Harbor front location. Yarmouth

Business Operation

Expansion Potential:

Opportunity to convert top floor to owners apartment or add more AirBnB rental studios

Reasons for selling:

Family Reason

Years established:
2

Other Information

Furniture / Fixtures value:
$70,000 (CAD) - included in the asking price