For Sale · Retail

30032 HIGHWAY 48, Georgina (Pefferlaw)

30032 HIGHWAY 48, Georgina (Pefferlaw), ON L9P1E7

$995,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

84%

About this property

A rare opportunity in cottage country with vacant possession. Maxi Marina Mart sits on a high-exposure 1.08-acre corner at Highway 48 and Holmes Point Road in Pefferlaw - the gateway to one of Lake Simcoe's best sandy beaches. The sale includes the land, the freestanding commercial building, the attached 3-bedroom residence, and all existing store equipment - a true live-and-work setup ready for the next operator. The retail space (~2,400 sq ft) is fully fitted with a kitchen area, refrigeration, a 10-door upright fridge, outdoor compressor, security system, and signage - relaunch as a convenience store or reposition the use. The attached residence (~1,380 sq ft, 3 bedrooms) suits an owner-operator, on-site staff, or short-term rental. C-2 Commercial zoning supports a wide range of uses - convenience, take-out or eat-in restaurant, coffee shop, ice cream, bait & tackle, or seasonal retail catering to the thousands of beachgoers and cottagers passing the property every summer en route to Holmes Point, Sunkist Beach, and McRae Beach. Dual driveway access and 20 on-site parking spaces support customer traffic and deliveries. Decades as a Pefferlaw landmark, generations of brand recognition, and one of the last live-and-work commercial corners on Highway 48 north of the GTA. A true generational asset in a tightly-held submarket. (id:66811)

Financial sandbox

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Estimate
Purchase price$995K
Down payment30% · $299K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$43K

Annual cash flow

$-12K

Cash-on-cash

-4.15%

DSCR

0.78

Going-in cap

4.30%

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

50,400

Households

20,968

Median income

$119,000

Median age

35.8

Daytime population

84,815

5-yr growth

5.9%

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

Secure deal room

Confidential diligence documents for 30032 HIGHWAY 48, Georgina (Pefferlaw).

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.