1/31642 Great Northern RD # B, Sault Ste. Marie
642 Great Northern RD # B, Sault Ste. Marie, ON P6B4Z9
Price on request
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
87%
About this property
Exceptional opportunity to lease approximately 6300 sq. ft. of highly versatile commercial space in a prominent Sault Ste. Marie location. Extensively renovated and exceptionally well maintained, this property offers a modern, professional interior that can accommodate a wide variety of business uses. Situated along one of the city’s busiest commercial routes, the property provides excellent exposure, strong daily traffic counts and ample on-site parking. The lower level provides significant additional functionality, featuring private offices, a conference/boardroom, staff kitchen and generous usable space. This turnkey property offers an excellent combination of visibility, accessibility, parking and versatility in one of Sault Ste. Marie’s primary commercial districts. Don't miss out - Book your viewing today! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$72K
Annual cash flow
$-11K
Cash-on-cash
-2.40%
DSCR
0.87
Going-in cap
4.82%
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
101,562
Households
47,903
Median income
$66,000
Median age
39.8
Daytime population
123,114
5-yr growth
5.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 642 Great Northern RD # B, 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.