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Business For Sale · Specialty

8744 HWY 60 HIGHWAY, North Algona Wilberforce

8744 HWY 60 HIGHWAY, North Algona Wilberforce, ON K0J1T0

$399,900 total

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Asset Class

Specialty

Size

—

Building class

A

Zoning

US — Urban Services

$ / SF

—

Occupancy

87%

Lot Size

1.518 ac

About this property

Discover a unique commercial opportunity in the bustling community of Eganville, Ontario. Set on approximately 1.5 acres, this versatile property offers excellent highway exposure and outstanding potential for investors, entrepreneurs, or owner-operators. The property features a charming four-season, three-bedroom log cabin, currently operating as a successful short-term rental. Continue its use as an Airbnb, create a distinctive office or retail space, or explore other commercial possibilities. Two greenhouses add further potential for a garden centre, market operation, agri-tourism venture, or specialty growing business. With its prominent location, rustic appeal, and flexible mix of land and buildings, this property is ready for its next chapter. A rare opportunity to combine business, income potential, and lifestyle in the heart of the Ottawa Valley. Please allow 24 hours irrevocable on all offers. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$400K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$22K

Annual cash flow

$-18

Cash-on-cash

-0.02%

DSCR

1.00

Going-in cap

5.54%

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

108,999

Households

48,705

Median income

$105,500

Median age

31.4

Daytime population

121,413

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 8744 HWY 60 HIGHWAY, North Algona Wilberforce.

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.