For Sale · Retail

28-32 MARKET Street, Brantford

28-32 MARKET Street, Brantford, ON N3T2Z4

$1.3M total

9,145 SF

Asset Class

Retail

Size

9,145 SF

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

$148

Occupancy

96%

About this property

Versatile downtown Brantford commercial property offering approximately 9,145 sq. ft. of gross building area across a vacant former bank, an adjoining leased restaurant and a vacant upper two-bedroom apartment. The former bank features an entrance vestibule leading into a bright, open, full-height main-floor area with large banks of windows. Private offices line one side and the rear, while a staircase leads to second-floor offices and washrooms. A mezzanine provides additional accommodation. The mostly finished lower level offers approximately 9–10 ft. ceilings, extensive employee areas, separate male and female washrooms, a cafeteria/kitchen and storage or office space. The adjoining main-floor commercial section is occupied by Pita Plus, an operating shawarma restaurant with an ongoing lease. A vacant two-bedroom apartment is located above the restaurant, providing a separate residential component. Originally constructed circa 1950, the property combines established character with improvements including a roof dated 2024. Rooftop heating and cooling 2002-2004. A flexible combination of vacant commercial accommodation, an existing restaurant tenancy and a vacant residential unit in downtown Brantford. Property Taxes to be assessed. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.35M
Down payment30% · $405K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$86K

Annual cash flow

$11K

Cash-on-cash

2.71%

DSCR

1.15

Going-in cap

6.36%

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.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners8,733 SF2032-12

Area demographics

Trade area within 3 miles of the property.

Population

61,857

Households

21,807

Median income

$64,000

Median age

38.4

Daytime population

92,782

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 28-32 MARKET Street, Brantford.

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.