For Sale · Retail

108 DUNCAN STREET, Welland (Lincoln/Crowland)

108 DUNCAN STREET, Welland (Lincoln/Crowland), ON L3B2E2

$199,990 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

94%

About this property

Amazing Opportunity Spacious 3,300 sq. ft. Building For Sale with drive-in garage featuring Multiple office/bedroom area full bathroom, and living area. The property offers a huge storage space, providing excellent flexibility for a variety of business uses, including car accessory installation, window tinting, storage, and more.Endless possibiities anyone looking for a versatile workspace with ample room for operations and storage. Great opportunity to secure a large, functional space for your business needs! (id:66811)

Financial sandbox

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Estimate
Purchase price$200K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$923

Projected NOI

$13K

Annual cash flow

$2K

Cash-on-cash

2.61%

DSCR

1.14

Going-in cap

6.32%

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

70,917

Households

25,183

Median income

$80,500

Median age

40.1

Daytime population

90,930

5-yr growth

9%

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

Secure deal room

Confidential diligence documents for 108 DUNCAN STREET, Welland (Lincoln/Crowland).

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.