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Business For Sale · Retail

642 Great Northern RD # A, Sault Ste. Marie

642 Great Northern RD # A, Sault Ste. Marie, ON P6B4Z9

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

99%

About this property

Exceptional opportunity to lease approximately 2500 sq. ft. of highly versatile commercial space in a prominent Sault Ste. Marie location. Extensively renovated and exceptionally well maintained, this property offers a modern, professional interior that can accommodate a wide variety of business uses. Situated along one of the city’s busiest commercial routes, the property provides excellent exposure, strong daily traffic counts and ample on-site parking. The lower level provides significant additional functionality, featuring private offices, a conference/boardroom, staff kitchen and generous usable space. This turnkey property offers an excellent combination of visibility, accessibility, parking and versatility in one of Sault Ste. Marie’s primary commercial districts. Don't miss out - Book your viewing today! (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.

Area demographics

Trade area within 3 miles of the property.

Population

113,969

Households

42,182

Median income

$107,500

Median age

33.4

Daytime population

193,681

5-yr growth

4.3%

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

Secure deal room

Confidential diligence documents for 642 Great Northern RD # A, Sault Ste. Marie.

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.