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PROPOSED SALE OF THE LOCATION
KNOWN AS "THE SWITCHBOARD"
The Old Telephone Office Circa
1886, a wooden structure built
around 1886. It housed
the telephone exchange until
the dial system came to
Baddeck.
During the last number of
years it has served as an
eating establishment,
basically dealing very
successfully in very quick
easy to prepare meals.
It is presently occupied by a
successful gift shop called. "Arlies".
This building is ideally
situated in the center of the
Village of Baddeck and is
suitable for any type of
business enterprise. It is
located in a high traffic
area, it has excellent store
front location, ample
parking and lots of potential
as a prime retail or service
as well as an excellent income
in the form of rentals.
There is a five year lease on
the business floor and a one
year lease on the apartments.
The building also contains the
old switchboard and telephones
which were used back in the
1800 and 1900's.
Click here for more info and
photos
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ANNUAL AVERAGE INCOME FROM
RENT
is approximately
$40,000.00
A list of past years expenses
will be detailed and sent upon
request.
TWO METHODS HAVE BEEN
DETERMINED IN PRICING THE
SWITCHBOARD BUILDING AND
PROPERTY, and may be examined
upon request.
1. A
Replacement Cost Approach
and
2. A
Comparative Cost
(comparing the cost to prices
of other buildings in the
business area which have sold
over a period of time).
Consider! --
YOU
WOULD BE RECEIVING NOT ONLY AN
EXCELLENT BUILDING, BUT AN
EXCELLENT LOCATION, ALONG WITH
THE POTENTIAL RENTAL INCOME OF
$45,000.000 YEARLY.
FOR MORE INFORMATION AND
PHOTOS VISIT THE WEBSITE
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