Business For Sale · Retail

104 - 50 KING STREET E, Brockville

104 - 50 KING STREET E, Brockville, ON K6V1B1

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

83%

About this property

Looking to start your own business or relocate your existing one without the added expense of renovations? Be sure to check out this newly renovated commercial space, offering approximately 1,100 sq. ft. and ready for you to make it your own. Located on King Street East, this space offers great exposure and visibility for your business, along with the added convenience of ample parking in this area of town-making access easy for both you and your customers. The unit includes one designated parking space and a private bathroom. The tenant is responsible for their own heat, hydro, water and sewer. Whether you are starting a new venture, expanding, or looking for a fresh location for your existing business, this move-in-ready commercial space is worth a look. Bring your ideas and make this space work for you! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

110,038

Households

43,634

Median income

$107,500

Median age

45.9

Daytime population

166,441

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 104 - 50 KING STREET E, Brockville.

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.