Business For Sale · Retail

183 GEORGE STREET, Wellington North (Arthur)

183 GEORGE STREET, Wellington North (Arthur), ON N0G1A0

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

Lot Size

2400 ac

About this property

Prime, highly visible main street commercial space for lease in Arthur. Approximately 2,400 sq. ft. of main floor space, offering good exposure to daily foot and vehicle traffic in the downtown core. C1 zoning allows for a wide range of permitted uses, giving flexibility for retail, office, or service-based businesses. Monthly rent of $2,000 plus HST and utilities. A great opportunity to establish or grow a business in a well-located, walkable area of town. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

121,291

Households

44,664

Median income

$87,000

Median age

42.9

Daytime population

110,895

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 183 GEORGE STREET, Wellington North (Arthur).

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.