Business For Sale · Industrial

14 - 280 PERRY STREET, Peterborough (Town Ward 3)

14 - 280 PERRY STREET, Peterborough (Town Ward 3), ON K9J2J4

Price on request

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

100%

Lot Size

2.63 ac

Clear height

26 ft

Loading docks

9

About this property

Approximately 4,892 SF of ground floor space, centrally located with easy access to downtownPeterborough and the Lansdowne commercial strip. The zoning for this space has many permitted uses including a Place of Assembly, School or Day Nursery, Art Gallery, Studio Workshop,Museum, Communications and Broadcasting Establishment etc., etc. etc. Includes a private 2-pc bathroom. Additional rent estimated at $3.03/SF. Electricity and Natural Gas metered to tenant. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

114,986

Households

43,877

Median income

$71,500

Median age

40.6

Daytime population

182,069

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 14 - 280 PERRY STREET, Peterborough (Town Ward 3).

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.