For Lease · Specialty

8 SPRING Street Unit# Upper, St. Jacobs

8 SPRING Street Unit# Upper, St. Jacobs, ON N0B2N0

Price on request

2,284 SF

Asset Class

Specialty

Size

2,284 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

99%

About this property

Approximately 2284 sq ft of upper floor studio or office space for lease in the heart of St. Jacobs Village. The layout centres on a bright, open 1,055 sq ft main room. It also has two more rooms of 257 and 127 sq ft, a private office, a storage room, and two washrooms. The mix of open and enclosed space suits a studio, gallery, creative or professional office, wellness practice, showroom, or photo and video production where secure storage and client space are both needed. C1 zoning permits a broad range of commercial uses. A short walk to the village shops, restaurants, the Conestogo River and trails, and minutes from the St. Jacobs Farmers’ Market and Waterloo. Free public parking close by. Available Immediately. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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
Halcyon Wealth Partners678 SF2033-09
Halcyon Wealth Partners1,574 SF2033-09

Area demographics

Trade area within 3 miles of the property.

Population

130,246

Households

47,656

Median income

$83,000

Median age

40.8

Daytime population

117,501

5-yr growth

8.2%

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

Secure deal room

Confidential diligence documents for 8 SPRING Street Unit# Upper, St. Jacobs.

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.