Business For Sale · Retail

2 - 180 MARY STREET, Scugog (Port Perry)

2 - 180 MARY STREET, Scugog (Port Perry), ON L9L1C4

Price on request

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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

84%

About this property

Welcome to your perfect office solution! This rental space offers approx. 165 sq.ft and includes heat, hydro, and water, shares a clean 2-piece bath and you have the possibility to combine this unit with other available offices in the building. Scale up or down depending on your unique needs.It is within walking distance to waterfront parks - perfect for taking a breather or a brain storming session in a serene backdrop. Surrounded by numerous restaurants and businesses, have business lunches or client meetings a stroll away! This office a must-see for anyone considering a business location or change of scenery! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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

76,290

Households

35,112

Median income

$116,000

Median age

32.3

Daytime population

88,179

5-yr growth

0.7%

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

Secure deal room

Confidential diligence documents for 2 - 180 MARY STREET, Scugog (Port Perry).

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.