Business For Sale · Office

316 DUNDAS STREET E, Belleville (Belleville Ward)

316 DUNDAS STREET E, Belleville (Belleville Ward), ON K8N1E6

$2.8M total

8,723 SF

Asset Class

Office

Size

8,723 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

$315

Occupancy

92%

Lot Size

1.3 ac

About this property

Situated on 1.3 acres along Dundas Street East, one of Belleville's main east-west thoroughfares, this fully renovated, modern two-storey commercial building offers exceptional visibility and convenient access for clients, staff, and deliveries. The striking metal and wood-tone faade creates a polished, contemporary first impression, while ample on-site parking and additional room for future expansion add to the property's appeal. Inside, over 8,700 sq. ft. of space seamlessly combines newly renovated professional offices with a versatile 2,200 sq. ft. warehouse or laboratory area, complete with a 10-foot-high overhead door for convenient deliveries. A well-appointed kitchen and spacious lunch room provide a welcoming space for staff to unwind, collaborate, or gather for training sessions and team meetings. The main office area features more than 20 open-concept workstations, complemented by a central lounge and coffee bar showcasing custom millwork, designer lighting, and acoustic panels that enhance both the aesthetics and acoustics of the workspace. A glass-walled multi-office area, conference room, and three private offices complete the layout, with the conference room and largest private office offering impressive views of the Bay of Quinte. Designed to support today's technology-driven workplace, the building is equipped with high-speed network connectivity and CAT6 cabling throughout, along with a door access control system providing convenient, controlled entry and added security. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.75M
Down payment30% · $825K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$164K

Annual cash flow

$12K

Cash-on-cash

1.44%

DSCR

1.08

Going-in cap

5.97%

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.

Rent roll (estimated)

TenantAreaExpiry
Summit Trades Supply3,472 SF2033-05
Blue Harbour Design4,579 SF2033-05

Area demographics

Trade area within 3 miles of the property.

Population

125,030

Households

55,901

Median income

$65,500

Median age

40.3

Daytime population

194,693

5-yr growth

1.8%

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

Secure deal room

Confidential diligence documents for 316 DUNDAS STREET E, Belleville (Belleville Ward).

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.