Business For Sale · Hospitality

122 CHATHAM STREET West, Windsor

122 CHATHAM STREET West, Windsor, ON N8X1V3

$167,000 total

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Asset Class

Hospitality

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

86%

About this property

TURNKEY RESTAURANT ASSET SALE–BUILD YOUR OWN BRAND IN DOWNTOWN WINDSOR! Incredible opportunity to acquire chattels, equipment in a prime downtown location. Asset sale only. Allowing new owner freedom to create their own concept. 2,200 sq. ft., turnkey, fully equipped kitchen, furnishings, fixtures. Save 100's of thousands of $ in construction and equipment by taking over an existing structures. Minor cosmetic updates to bring your vision to life. Excellent opportunity for a pub, sports bar, pizza, café, sandwich shop, dinner lounge. Walking distance of the St. Clair College Centre, Chrysler Theatre, Art Gallery, City Hall, major hotels, office towers, and downtown businesses. Benefits from pedestrian traffic, thousands of employees working few blocks, nearby residents, and continued downtown growth. New 5year lease will be negotiated providing long-term stability for your business .A rare chance to establish your own restaurant concept at a fraction of the cost of building from scratch. Contact REALTOR® today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$167K
Down payment30% · $50K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$771

Projected NOI

$9K

Annual cash flow

$-227

Cash-on-cash

-0.45%

DSCR

0.98

Going-in cap

5.41%

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

54,319

Households

23,931

Median income

$128,000

Median age

37.8

Daytime population

48,925

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 122 CHATHAM STREET West, Windsor.

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.