For Sale · Retail

143-145 MAIN STREET E, Champlain

143-145 MAIN STREET E, Champlain, ON K0B1R0

$599,900 total

4,350 SF

Asset Class

Retail

Size

4,350 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$138

Occupancy

87%

Lot Size

4350 ac

About this property

Own a piece of Vankleek Hills history! Built in the mid 1800s this charming investment opportunity awaits. discover this 5 unit red brick building with its original gingerbread charm. With its prime location and walking distance to all shops, restaurants, schools, parks, arena & curling club. Currently fully rented residential units with main floor commercial space vacant waiting for the towns next business opportunity, 2nd floor unit with 3 bedrooms and 3 units on the 3rd floor, each unit has its own hydro meter and hot water tank, tenants pay utilities. Please allow 48 hours notice for all showings. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$600K
Down payment30% · $180K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$32K

Annual cash flow

$-1K

Cash-on-cash

-0.78%

DSCR

0.96

Going-in cap

5.31%

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
Summit Trades Supply2,354 SF2032-02
Summit Trades Supply1,413 SF2032-02

Area demographics

Trade area within 3 miles of the property.

Population

47,764

Households

17,970

Median income

$65,000

Median age

39.3

Daytime population

57,124

5-yr growth

7.1%

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

Secure deal room

Confidential diligence documents for 143-145 MAIN STREET E, Champlain.

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.