For Lease · Office

152 JOSEPHINE STREET, North Huron (Wingham)

152 JOSEPHINE STREET, North Huron (Wingham), ON N0G2W0

$1 per sq ft / yr

—

Asset Class

Office

Size

—

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

99%

About this property

Versatile commercial space in a well-established building in Wingham, offering a flexible layout suitable for a wide range of professional, office, health, education or service-based uses. The unit features a combination of large open work areas, multiple private offices/rooms, a kitchenette, generous natural light and an accessible washroom. Elevator access provides convenient entry to the unit. The space offers excellent flexibility and can be divided into two separate units, with the option to lease approximately half of the space if a smaller footprint is preferred. Additional storage and/or office rooms may also be available, providing further options depending on a tenant's needs. Some touch-up painting is scheduled to be completed prior to occupancy. Listing photos have been enhanced only to remove visible paint touch-up patches and better represent the finished condition once the scheduled work is completed. A practical and adaptable commercial space with room to accommodate a growing business, professional practice, community organization or office-based operation. Offered at an attractive $12.00 per sq. ft. per annum - equivalent to $1.00 per sq. ft. per month - plus utilities and HST where applicable. Flexible leasing options make this an appealing opportunity for both larger and smaller tenants. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1
Down payment30% · $0
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$0

Annual cash flow

$-0

Cash-on-cash

-18.47%

DSCR

0.00

Going-in cap

0.00%

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

54,845

Households

19,737

Median income

$85,000

Median age

41.2

Daytime population

50,510

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 152 JOSEPHINE STREET, North Huron (Wingham).

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.