Business For Sale · Retail

Unknown

Unknown, ON

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

95%

About this property

Great leasing opportunity in one of Downtown Barrie's most charming and boutique-style locations. Situated along a distinctive stretch of Dunlop Street East, this commercial space is surrounded by an appealing collection of independent businesses, including two fashionable clothing boutiques, a medical spa, custom art framing and the popular Rudy's Burgers.Previously operated as a hair salon and medical spa, the premises offer an excellent opportunity for a beauty, wellness, personal service or boutique retail business seeking a presence in this desirable downtown setting.This unique pocket of Dunlop Street offers an inviting atmosphere and a wonderful sense of character. Lease is. ALL INCLUSIVE offering the added convenience of predictable monthly occupancy costs, making this an attractive opportunity to establish your business among complementary, established businesses . (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

58,914

Households

26,879

Median income

$80,000

Median age

40.4

Daytime population

70,984

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for Unknown.

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.