Business For Sale · Retail

53-57 Broadway AVE, Wawa

53-57 Broadway AVE, Wawa, ON P0S1K0

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

83%

About this property

Retail, Office, or Residential Use – Prime 3,000 SQFT Building for Lease. This is your chance to secure office space in one of the most versatile commercial buildings in Wawa! Located in one of the town’s prime business districts, a piece of Wawa’s history is restored and modernized to be perfect for a variety of uses. The building is currently in its finishing stages of construction, giving you the unique opportunity to customize your unit to perfectly suit your needs. Beyond the building itself, the property also includes a spacious parking lot and a separate outbuilding, giving you even more possibilities. Be where the action is, with the dollar store as the building’s anchor. Call listing agent for even more details and updates! (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

79,891

Households

36,763

Median income

$77,500

Median age

41.8

Daytime population

131,806

5-yr growth

2.3%

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

Secure deal room

Confidential diligence documents for 53-57 Broadway AVE, Wawa.

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.