326 MAIN Street, Port Dover326 MAIN Street, Port Dover — photo 2326 MAIN Street, Port Dover — photo 3326 MAIN Street, Port Dover — photo 4326 MAIN Street, Port Dover — photo 5326 MAIN Street, Port Dover — photo 6326 MAIN Street, Port Dover — photo 7326 MAIN Street, Port Dover — photo 8326 MAIN Street, Port Dover — photo 9326 MAIN Street, Port Dover — photo 10326 MAIN Street, Port Dover — photo 11326 MAIN Street, Port Dover — photo 12326 MAIN Street, Port Dover — photo 13326 MAIN Street, Port Dover — photo 14326 MAIN Street, Port Dover — photo 15326 MAIN Street, Port Dover — photo 16326 MAIN Street, Port Dover — photo 17326 MAIN Street, Port Dover — photo 18326 MAIN Street, Port Dover — photo 19326 MAIN Street, Port Dover — photo 20326 MAIN Street, Port Dover — photo 21326 MAIN Street, Port Dover — photo 22326 MAIN Street, Port Dover — photo 23326 MAIN Street, Port Dover — photo 24
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For Sale · Specialty

326 MAIN Street, Port Dover

326 MAIN Street, Port Dover, ON N0A1N0

$637,000 total

2,560 SF

Asset Class

Specialty

Size

2,560 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$249

Occupancy

97%

About this property

Located in the busy heart of Central Port Dover, this versatile mixed-use commercial building offers an excellent opportunity for investors and owner-occupiers alike. Featuring two vacant commercial units. The front unit is facing Main St. The back unit was used for a therapy facility with a waiting room and exam room, entrance at the side of the building. Shared bathroom between units. The building also includes two nicely renovated one-bedroom, one-bathroom apartments, each offering its own private laundry. With public parking conveniently located nearby and a central location surrounded by the activity and amenities of Port Dover, this property combines strong commercial visibility with the added benefit of residential income. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$637K
Down payment30% · $191K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$48K

Annual cash flow

$13K

Cash-on-cash

6.77%

DSCR

1.37

Going-in cap

7.57%

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.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.2,476 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

96,272

Households

40,949

Median income

$66,000

Median age

41.1

Daytime population

144,880

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 326 MAIN Street, Port Dover.

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.