UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus)UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 2UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 3UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 4UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 5UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 6UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 7UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 8UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 9UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 10UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 11UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 12UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 13UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus) — photo 14
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For Sale · Retail

UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus)

UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus), ON N1M3M9

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

85%

About this property

PRIME EXPOSURE IN THE HEART OF FERGUS! Located at 190 St. David Street South in the historic former Fergus Pool building, this 786 sq. ft. commercial space offers an exceptional opportunity for your business. Situated at one of Fergus's busiest intersections, with Highway 6 traffic heading directly toward the property, this high-visibility corner location is hard to beat! Overlooking the beautiful Grand River, the property offers plenty of parking and convenient access for customers and clients. Currently configured with two private offices, a reception area, kitchenette, and shared washroom, the space offers flexibility for a variety of professional office, service, or retail uses. Whether you're starting a new business, relocating, or looking for a more prominent location, this unique historic property offers plenty of possibilities. All for just $2,450 per month, inclusive of property taxes and utilities! Bring your business to one of Fergus's most recognizable locations! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$70K

Annual cash flow

$-13K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

119,043

Households

50,387

Median income

$136,000

Median age

38.2

Daytime population

134,693

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for UNIT 2 - 190 ST. DAVID STREET S, Centre Wellington (Fergus).

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.