For Sale · Office

58 MARKET Street, Brantford

58 MARKET Street, Brantford, ON N3T2Z5

$2.5M total

13,090 SF

Asset Class

Office

Size

13,090 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

$191

Occupancy

86%

About this property

Versatile former office building at 58 Market Street in downtown Brantford, offering approximately 13,090 sq. ft. of gross building area with fully finished accommodation on the main and lower levels. An elevator services both floors. Approximately 6–7 on-site parking spaces are complemented by street parking and a municipal parking lot across the street. The main floor features approximately 13-foot ceilings and large banks of windows providing abundant natural light. Seven large, adaptable rooms and a private office offer flexibility for a range of layouts and operational needs. The fully finished lower level includes an open seating area, three large adaptable meeting rooms, eight private offices, a kitchenette/cafeteria and separate male and female washroom facilities. Elevator access connects this extensive lower-level accommodation with the main floor. The building is equipped with a 400-amp, 208-volt electrical service. A downtown opportunity combining substantial finished space, numerous private offices, flexible meeting areas, elevator access and on-site parking. Property Taxes to be assessed. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.50M
Down payment30% · $750K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$129K

Annual cash flow

$-10K

Cash-on-cash

-1.32%

DSCR

0.93

Going-in cap

5.15%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics6,964 SF2034-11
Northbridge Logistics4,280 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

143,542

Households

57,638

Median income

$72,000

Median age

37.8

Daytime population

150,677

5-yr growth

8.6%

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

Secure deal room

Confidential diligence documents for 58 MARKET Street, Brantford.

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.