









1/11122 DIVISION STREET South, Kingsville, ON N9Y1P6
$64,900 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
88%
Fantastic opportunity to own Kingsville Cycle Works, a well-established bicycle shop in the heart of beautiful Kingsville. This turnkey business serves both the local cycling community and the steady stream of visitors drawn to the area. The shop offers bicycle sales, service, accessories, and popular seasonal bike rentals, with an extensive amount of chattels and equipment included, allowing a new owner to step right in and continue operations. Kingsville Cycle Works has built an excellent reputation in the community, supported by 5-Star Google Reviews and a loyal client database of over 1,200 customers and growing. Kingsville continues to grow as a tourism destination, attracting visitors to its Lake Erie waterfront cycling routes and renowned Essex County wineries, and is located steps away from the Chrysler Canada Greenway Trail, one of the region’s most popular cycling routes. The business has experienced strong year-over-year sales growth and is well positioned to benefit from continued tourism and seasonal rental demand. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$300
Projected NOI
$4K
Annual cash flow
$603
Cash-on-cash
3.10%
DSCR
1.17
Going-in cap
6.47%
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
109,773
Households
45,561
Median income
$63,500
Median age
39.6
Daytime population
132,517
5-yr growth
0.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 122 DIVISION STREET South, Kingsville.
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.