For Sale · Retail

22 - 595 CARLTON STREET, St. Catharines (Carlton/Bunting)

22 - 595 CARLTON STREET, St. Catharines (Carlton/Bunting), ON L2M4Y2

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

85%

About this property

Excellent office opportunity in a well-established North St. Catharines plaza! This bright and well-maintained unit has been occupied by the same tenant for decades, demonstrating the stability and desirability of this location. The functional, move-in-ready layout features two storefront/front window sections offering excellent natural light and visibility, two private offices, a welcoming reception area, washroom, and convenient kitchenette/storage area.Located in a busy neighbourhood plaza surrounded by established retail, restaurants, pharmacy, medical and professional services, with ample on-site parking and excellent exposure along Carlton Street. Ideal for professional office, consulting, education/training, or other service-oriented uses. Available for possession January 1st. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

40,432

Households

18,138

Median income

$136,000

Median age

38.3

Daytime population

45,936

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 22 - 595 CARLTON STREET, St. Catharines (Carlton/Bunting).

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.