5-6 - 1916 PITT STREET, Cornwall5-6 - 1916 PITT STREET, Cornwall — photo 25-6 - 1916 PITT STREET, Cornwall — photo 35-6 - 1916 PITT STREET, Cornwall — photo 45-6 - 1916 PITT STREET, Cornwall — photo 55-6 - 1916 PITT STREET, Cornwall — photo 65-6 - 1916 PITT STREET, Cornwall — photo 75-6 - 1916 PITT STREET, Cornwall — photo 85-6 - 1916 PITT STREET, Cornwall — photo 95-6 - 1916 PITT STREET, Cornwall — photo 105-6 - 1916 PITT STREET, Cornwall — photo 115-6 - 1916 PITT STREET, Cornwall — photo 125-6 - 1916 PITT STREET, Cornwall — photo 135-6 - 1916 PITT STREET, Cornwall — photo 14
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For Lease · Retail

5-6 - 1916 PITT STREET, Cornwall

5-6 - 1916 PITT STREET, Cornwall, ON K6J3P6

$22 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

83%

Lot Size

1883 ac

About this property

Approximately 1,883 sq. ft. of commercial space available for lease at 1916 Pitt Street, Units 5-6, Cornwall. Offering excellent flexibility for a variety of business operations, this space is situated within a Community Commercial (CC-SC) zoning designation. Permitted commercial uses under the current zoning include a range of retail, personal service, restaurant, medical, pharmacy, financial and other commercial uses, subject to applicable zoning provisions. An attractive opportunity for businesses looking to establish or expand in Cornwall for $22/sqft gross (or net lease $12/sqft + operating expenses). Please contact Matthew Cameron for additional information 613-362-6051 (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$22
Down payment30% · $7
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-5.89%

DSCR

0.68

Going-in cap

3.77%

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

108,221

Households

42,653

Median income

$91,500

Median age

42.5

Daytime population

106,711

5-yr growth

3.4%

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

Secure deal room

Confidential diligence documents for 5-6 - 1916 PITT STREET, Cornwall.

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.