Business For Sale · Office

633 Lorne Street Unit# 201, Sudbury

633 Lorne Street Unit# 201, Sudbury, ON P3C4R3

Price on request

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Asset Class

Office

Size

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Building class

C

Zoning

CO — Commercial Office

$ / SF

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Occupancy

100%

About this property

Bright and updated 572.2 sq. ft. second-floor office suite available at 633 Lorne Street. This move-in ready space features an open-concept layout, kitchenette with sink and cabinetry, modern flooring, and abundant natural light. Ideal for professional offices, consultants, accountants, marketing or design firms, administrative offices, wellness practitioners, counselling services, or other service-based businesses. Shared washroom facilities are available. Can be combined with 1,240 to 3,258 sq.ft. of warehouse space with 3 12' x 12' overhead doors. Conveniently located on Lorne Street with quick access to Highway 17 and the Maley Drive Extension. Ample on-site parking and flexible C2 zoning accommodate a wide variety of commercial uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$89K

Annual cash flow

$6K

Cash-on-cash

1.31%

DSCR

1.07

Going-in cap

5.94%

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

65,312

Households

29,182

Median income

$110,500

Median age

34.4

Daytime population

101,163

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 633 Lorne Street Unit# 201, Sudbury.

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.