1/22 WELLINGTON STREET, Newbury
2 WELLINGTON STREET, Newbury, ON N0L1Z0
$199,000 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
100%
About this property
Located on the corner of Wellington St a and Hagerty Road, this 1.0 acre property has a frontage of 107.83 M (353.7ft ) on Wellington St. And is zoned C1 Commercial, with a multitude of uses. The Town has no development levy charges. All services are available. A topographic survey is also available. Village amenities include the Four Counties Middlesex hospital within 4 minutes and the County's largest Home Hardware store. A 1.8 acre property adjacent and to the west of this property is also available and zoned R1 Residential with a potential for 13 lots. See MLS #14168574 or details. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$919
Projected NOI
$14K
Annual cash flow
$3K
Cash-on-cash
5.64%
DSCR
1.31
Going-in cap
7.23%
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
108,719
Households
50,929
Median income
$90,000
Median age
45.6
Daytime population
109,577
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 WELLINGTON STREET, Newbury.
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.