Business For Sale · Office

176 MCDONNEL STREET, Peterborough (Town Ward 3)

176 MCDONNEL STREET, Peterborough (Town Ward 3), ON K9H2V9

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

91%

Lot Size

1285 ac

About this property

Gross lease everything included ! Prime north end of downtown location with on site parking. High visibility main floor office space just 4 doors from George St and close to city hall. 4 oversize offices plus reception area and large waiting room. 5 car on site parking included. Heat, hydro, taxes, water, sewer, maintenance and snow removal included. Full kitchen with fridge and stove. 3pc bath, hardwood floors, beautiful mouldings, large windows, front and rear entrances. Flexible start date. April 1st 2027 or earlier. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

136,167

Households

54,553

Median income

$128,500

Median age

34.8

Daytime population

191,842

5-yr growth

4.7%

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

Secure deal room

Confidential diligence documents for 176 MCDONNEL STREET, Peterborough (Town Ward 3).

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.