For Sale · Retail

39874 COMBERMERE Road, Combermere

39874 COMBERMERE Road, Combermere, ON K0J2M0

$289,900 total

1,000 SF

Asset Class

Retail

Size

1,000 SF

Building class

Zoning

CB1 — Low Intensity Business

$ / SF

$290

Occupancy

100%

About this property

Search no more! Situated on the bustling Hwy 62, HC zoning permits a variety of applications. Automotivesales/service, gas stations, selfstorage facilities, and vacation rentals are among numerous possibilities. Sitting on a little over 5 acres of prime land, this beautiful rustic log structure serves as a blank canvas foryour creative endeavors. In proximity to numerous year-round recreational opportunities, a short distance from the renowned Madawaska River. THIS PROPERTY IS SOLD AS IS - WHERE IS // THE SELLER NOR IT'S DESIGNATED REPRESENTITVE MAKE ANY REPRESENTATIONS OR WARRANTIES ALL INFO PROVIDED TO BE TREATED AS REFERENCE ONLY. HST IS APPLICABLE TO THIS SALE (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$290K

Down payment30% · $87K

Interest rate6.25%

Amortization25 years

Occupancy100%

Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$16K

Annual cash flow

$-9

Cash-on-cash

-0.01%

DSCR

1.00

Going-in cap

5.54%

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)

Tenant	Suite	Area	Rent / SF	Expiry
Northbridge Logistics	320	400 SF	$38.51	2028-02
Northbridge Logistics	320	400 SF	$38.63	2028-02
Northbridge Logistics	320	400 SF	$38.27	2028-02
Northbridge Logistics	320	400 SF	$38.39	2028-02

Area demographics

Trade area within 3 miles of the property.

Population

71,824

Households

28,652

Median income

$129,500

Median age

34.1

Daytime population

121,568

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 39874 COMBERMERE Road, Combermere.

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.