For Sale · Retail

5 PIER STREET, Scugog

5 PIER STREET, Scugog, ON L0B1E0

$875,000 total

—

Asset Class

Retail

Size

—

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

—

Occupancy

89%

Lot Size

0.837 ac

About this property

Unlock versatility, cash flow, and location value with this rare property just minutes outside Port Perry! Located in Caesarea, this commercial investment or live/work opportunity boasts flexible C1 zoning and opens the door to endless entrepreneurial possibilities-including a destination restaurant, bakery, contractor yard, professional office, entertainment venue, medical or veterinary clinic, fitness studio, or retail space. Formerly a long-standing local convenience market, this versatile site features almost 1,800 sq ft of wide-open, blank-canvas ground-floor space with excellent road exposure. Upstairs, a spacious 4-bedroom 2-bath residential unit features a bright living room with hardwood flooring, massive primary bedroom with ensuite bath and walk in closet, ensuite laundry, a walkout covered deck overlooking a peaceful garden setting. An expansive, bonus heated garage workshop provides the dream setup for a workshop, light service operations, creative art studio and more. Generous on-site parking easily accommodates storage needs, work trucks, vans, and customer vehicles. This property is perfect for living on-site with a zero-minute commute or leasing out for a reliable passive income stream to offset your mortgage. Updated roof, and 2 brand new furnaces servicing each level. Whether you want to stop paying commercial rent, establish your business headquarters, store equipment, or secure a dual-income investment asset, this property delivers exceptional square footage and functional utility close to major regional hubs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$875K
Down payment30% · $263K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$50K

Annual cash flow

$2K

Cash-on-cash

0.68%

DSCR

1.04

Going-in cap

5.75%

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.

Area demographics

Trade area within 3 miles of the property.

Population

104,422

Households

39,521

Median income

$77,000

Median age

41.6

Daytime population

137,649

5-yr growth

6.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5 PIER STREET, Scugog.

NDA required
  • 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.