1/23258 Queen undefined E, Sault Ste. Marie
258 Queen undefined E, Sault Ste. Marie, ON P6A1Y7
Price on request
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Asset Class
Retail
Size
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Building class
A
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
84%
About this property
Introducing a rare opportunity to lease a stunning open concept, turn key commercial office space in the heart of the city. This space boasts 6481 Square feet (Willing to Sub Divide) of bright, open and airy space complete with a proper board room, 9 private offices, Multiple restrooms, full kitchen, elevator access, fully wired with security and networking solutions and loads of parking. Landlord is willing to break up space into smaller sections to allow mixed used. This entire level has been completely redone cosmetically and mechanically and ready to host a growing professional business. Ideal for medical clinics, Legal offices, and various small business uses. Ample exclusive use parking available. This is arguably the best office space available in Sault Ste Marie, perfectly located right across from the GFL arena in the heart of downtown. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$68K
Annual cash flow
$-15K
Cash-on-cash
-3.26%
DSCR
0.82
Going-in cap
4.56%
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
61,378
Households
25,079
Median income
$87,500
Median age
45.4
Daytime population
55,175
5-yr growth
6.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 258 Queen undefined E, Sault Ste. Marie.
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.