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$159,999 total
2,134 SF
Asset Class
Specialty
Size
2,134 SF
Building class
B
Zoning
DC2 — Site Specific
$ / SF
$75
Occupancy
99%
Year Built
1965
Lot Size
0.07 ac
Amazing opportunity to own a restaurant in a thriving, high traffic community. This property includes 4 bedroom living quarters above the business. Perfect for owner-operators!! This community has strong local support and with the living accomodations just upstairs this is a rare chance for a great business and lifestyle. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$739
Projected NOI
$13K
Annual cash flow
$4K
Cash-on-cash
8.41%
DSCR
1.46
Going-in cap
8.06%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 1,311 SF | 2030-04 |
| Lakeview Physiotherapy | 496 SF | 2030-04 |
| Lakeview Physiotherapy | 400 SF | 2030-04 |
Trade area within 3 miles of the property.
Population
91,053
Households
32,748
Median income
$94,000
Median age
45.9
Daytime population
103,121
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 310 Main STREET N, Ituna.
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.