For Lease · Retail

89 MAIN STREET S, Lambton Shores (Forest)

89 MAIN STREET S, Lambton Shores (Forest), ON N0N1J0

$10 per sq ft / yr

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Asset Class

Retail

Size

—

Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

95%

About this property

Formerly home to the local Beer Store, this commercial property at 89 Main Street South in Forest is now available for lease and ready for its next chapter! Offering an excellent opportunity for businesses looking to establish or expand their presence in the community, this property is ideally situated along Main Street, providing convenient access to local amenities and surrounding businesses. Whether you're envisioning a retail storefront, service-based business, or another commercial venture, this space offers the potential to bring your vision to life. Take advantage of this opportunity to secure a well-known location in the heart of Forest and make it your own. Explore the possibilities and discover the potential this property has to offer! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

13.20%

DSCR

1.71

Going-in cap

9.50%

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

55,786

Households

23,112

Median income

$90,500

Median age

45.5

Daytime population

74,360

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 89 MAIN STREET S, Lambton Shores (Forest).

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.