For Lease · Specialty

245 MAIN Street W Unit# B, Listowel

245 MAIN Street W Unit# B, Listowel, ON N4W1A3

$14 per sq ft / yr

4,200 SF

Asset Class

Specialty

Size

4,200 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

82%

About this property

LOCATION LOCATION LOCATION! Give your business great exposure on Main St in the heart of booming and busy downtown Listowel with this 4200 square foot commercial unit. Featuring a bright and spacious front entrance, free Main St parking, as well as easy accessibility from the large rear parking lot, the 35'x 110' space with 14' ceilings is perfect for retail, office, professional, gym, and so much more. The space has been nicely updated with new flooring throughout, fresh paint, LED lighting, and offers a large front waiting/show room area, 2-3 individual offices, 3 washrooms (including 2 with showers), utility room, as well as additional storage and back office space. Tenants can modify interior space to suit their needs at their own expense. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$14
Down payment30% · $4
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

1.05%

DSCR

1.06

Going-in cap

5.86%

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 Partners1,043 SF2032-08
Halcyon Wealth Partners732 SF2032-08
Halcyon Wealth Partners1,681 SF2032-08

Area demographics

Trade area within 3 miles of the property.

Population

94,330

Households

41,841

Median income

$102,000

Median age

45.1

Daytime population

157,812

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 245 MAIN Street W Unit# B, Listowel.

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.