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Business For Sale · Office

19-21 PINE STREET, Brockville

19-21 PINE STREET, Brockville, ON K6V1E9

$1.5M total

3,071 SF

Asset Class

Office

Size

3,071 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

$480

Occupancy

87%

About this property

Welcome to 19-21 Pine Street, a distinguished circa-1870s three-storey property blending enduring architectural character with modern living. Zoned commercial/residential and formerly operated as a law office and residence, this exceptional property offers a rare opportunity for a lawyer, architect, accountant, consultant, designer or other professional to live and work from one prestigious address.Enter 21 Pine through a gracious foyer featuring the original circa-1870s staircase, crafted in oak, mahogany and maple. Engineered black walnut flooring extends throughout, with herringbone black walnut and brass inlay featured in the living and dining rooms, plus additional brass inlay in the foyer and second floor. Schonbek, Starlite and Austrian crystal chandeliers complement the home's impressive scale and character.The professional space includes 2 main-floor offices and powder room, plus 2 additional offices, kitchenette and laundry upstairs, with doors on each level providing separation from the residence.At 19 Pine, the beautifully renovated residence features a new kitchen with exceptional countertops, custom-style cabinetry, upgraded lighting, new appliances and breakfast island. A private courtyard-style patio with hot tub provides a wonderful outdoor retreat.The second floor offers 3 bedrooms and 4-piece bath. The third floor provides 4 generous rooms, including 1 legal bedroom, plus another 4-piece bath-ideal for guests, multigenerational living, studio, office or recreation. The upper level may offer potential for future views toward the St. Lawrence River, subject to feasibility and approvals.Two heat pumps complement the original radiator system with German boiler.Exceptional location: 1 block to downtown, 2 blocks to the courthouse and approximately 3 blocks to the marina, Blockhouse Island and St. Lawrence waterfront.Historic character. Professional presence. Remarkable flexibility. Ask for the comprehensive list of upgrades. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.48M
Down payment30% · $443K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$4K

Cash-on-cash

0.96%

DSCR

1.05

Going-in cap

5.83%

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
Meridian Health Group2,678 SF2033-12

Area demographics

Trade area within 3 miles of the property.

Population

144,069

Households

59,933

Median income

$135,500

Median age

38.9

Daytime population

167,461

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 19-21 PINE STREET, Brockville.

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.