For Sale · Retail

119 WOODSTOCK STREET S, East Zorra-Tavistock (Tavistock)

119 WOODSTOCK STREET S, East Zorra-Tavistock (Tavistock), ON N0B2R0

$529,900 total

3,168 SF

Asset Class

Retail

Size

3,168 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$167

Occupancy

84%

About this property

Incredible opportunity to own a piece of commercial history in the growing community of Tavistock! High traffic and visibility location perfect for a number of different businesses. Situated on a large lot with flexible CC zoning, this approximately 40FTx40FT block building has had numerous updates and currently features office space above a full garage with space still to finish to your needs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$530K
Down payment30% · $159K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$23K

Annual cash flow

$-6K

Cash-on-cash

-3.91%

DSCR

0.79

Going-in cap

4.37%

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.1,699 SF2034-04
Cascade Foods Inc.621 SF2034-04
Cascade Foods Inc.400 SF2034-04
Cascade Foods Inc.400 SF2034-04

Area demographics

Trade area within 3 miles of the property.

Population

103,728

Households

41,014

Median income

$123,000

Median age

36.5

Daytime population

90,428

5-yr growth

6.4%

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

Secure deal room

Confidential diligence documents for 119 WOODSTOCK STREET S, East Zorra-Tavistock (Tavistock).

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.