Business For Sale · Office

119 - 1020 GODERICH STREET, Saugeen Shores

119 - 1020 GODERICH STREET, Saugeen Shores, ON N0H2C3

$152,000 total

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Asset Class

Office

Size

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Building class

B

Zoning

DC1 — Direct Control

$ / SF

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Occupancy

90%

About this property

Looking for a beautiful corner office with huge windows as a solid investment? Welcome to Suite #119 at the innovative Powerlink Office Building in Saugeen Shores, Port Elgin's premier hub for modern professional spaces. This bright, ground-level corner suite offers approximately 345 sq. ft. of thoughtfully designed space and features four massive windows- two overlooking Mary Street and two facing Goderich Street filling the office with natural light. Powerlink offers sleek finishes, 24/7 secure access, and low operating costs, making it an ideal location for growing businesses. Collaborate in the dynamic first-floor business center, book meetings in the shared boardroom, and take advantage of centralized reception services. Imagine being able to bike to work with shower facilities available on the floor! Unwind or host clients casually onthe stylish 8000 sq.ft. top floor! The Loft 1020 area features couches, a pool table and most importantly a café with excellent coffee and snacks available. With highway exposure, proximity to Bruce Power, and storage lockers available for rent, Powerlink is redefining office ownership in Bruce County. Earn up to $1800/month! Current tenant in place. Inquire today to elevate your professional presence. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$152K
Down payment30% · $46K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$702

Projected NOI

$9K

Annual cash flow

$626

Cash-on-cash

1.37%

DSCR

1.07

Going-in cap

5.95%

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

43,306

Households

17,231

Median income

$134,500

Median age

36.2

Daytime population

37,198

5-yr growth

2.7%

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

Secure deal room

Confidential diligence documents for 119 - 1020 GODERICH STREET, Saugeen Shores.

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.