1014 Highway 17, Greater Sudbury1014 Highway 17, Greater Sudbury — photo 21014 Highway 17, Greater Sudbury — photo 31014 Highway 17, Greater Sudbury — photo 41014 Highway 17, Greater Sudbury — photo 51014 Highway 17, Greater Sudbury — photo 61014 Highway 17, Greater Sudbury — photo 71014 Highway 17, Greater Sudbury — photo 81014 Highway 17, Greater Sudbury — photo 91014 Highway 17, Greater Sudbury — photo 101014 Highway 17, Greater Sudbury — photo 111014 Highway 17, Greater Sudbury — photo 121014 Highway 17, Greater Sudbury — photo 131014 Highway 17, Greater Sudbury — photo 141014 Highway 17, Greater Sudbury — photo 151014 Highway 17, Greater Sudbury — photo 161014 Highway 17, Greater Sudbury — photo 171014 Highway 17, Greater Sudbury — photo 181014 Highway 17, Greater Sudbury — photo 191014 Highway 17, Greater Sudbury — photo 201014 Highway 17, Greater Sudbury — photo 211014 Highway 17, Greater Sudbury — photo 221014 Highway 17, Greater Sudbury — photo 231014 Highway 17, Greater Sudbury — photo 241014 Highway 17, Greater Sudbury — photo 251014 Highway 17, Greater Sudbury — photo 261014 Highway 17, Greater Sudbury — photo 27
1/27
Business For Sale · Retail

1014 Highway 17, Greater Sudbury

1014 Highway 17, Greater Sudbury, ON P0M3C0

$249,900 total

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

88%

About this property

Over one acre of C2 General Commercial zoned land and building located east of Wahnapitae on Highway 17 East, approximately 15 minutes from Sudbury. The solid brick building with roughly 1500 sq/ft has been well maintained and is currently operated as a bait shop/convenience store. The building features upgraded electrical, furnace and shingles replaced in 2016. This property can be repurposed for a variety of commercial uses with easy access off a busy highway. Only Land and Building are for sale. Call today to book your showing! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-796

Cash-on-cash

-1.06%

DSCR

0.94

Going-in cap

5.22%

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

143,861

Households

64,087

Median income

$126,000

Median age

34.6

Daytime population

231,628

5-yr growth

5.2%

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

Secure deal room

Confidential diligence documents for 1014 Highway 17, Greater Sudbury.

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.