230 WATER STREET N, Cambridge
230 WATER STREET N, Cambridge, ON N1R3C1
$1.9M total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
84%
About this property
Opportunity to acquire an established appliance retail business together with the freestanding commercial building it operates from, located on one of Cambridge's busiest commercial corridors. Sale includes real property and business goodwill/operations. Long-operating business with an established customer base in appliance retail. Building offers flexibility for continued retail use or alternative commercial use, subject to zoning. Excellent exposure and traffic count. Financial statements and further business details available to qualified buyers upon execution of a confidentiality agreement. Buyer to conduct own due diligence regarding zoning, permitted uses, and business operations. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$9K
Projected NOI
$96K
Annual cash flow
$-9K
Cash-on-cash
-1.66%
DSCR
0.91
Going-in cap
5.04%
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
82,624
Households
29,711
Median income
$121,000
Median age
36.3
Daytime population
70,954
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 230 WATER STREET N, Cambridge.
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.