66 Elm Street Unit# 301, Sudbury66 Elm Street Unit# 301, Sudbury — photo 266 Elm Street Unit# 301, Sudbury — photo 366 Elm Street Unit# 301, Sudbury — photo 466 Elm Street Unit# 301, Sudbury — photo 566 Elm Street Unit# 301, Sudbury — photo 666 Elm Street Unit# 301, Sudbury — photo 766 Elm Street Unit# 301, Sudbury — photo 866 Elm Street Unit# 301, Sudbury — photo 966 Elm Street Unit# 301, Sudbury — photo 1066 Elm Street Unit# 301, Sudbury — photo 1166 Elm Street Unit# 301, Sudbury — photo 1266 Elm Street Unit# 301, Sudbury — photo 1366 Elm Street Unit# 301, Sudbury — photo 1466 Elm Street Unit# 301, Sudbury — photo 1566 Elm Street Unit# 301, Sudbury — photo 16
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Business For Sale · Office

66 Elm Street Unit# 301, Sudbury

66 Elm Street Unit# 301, Sudbury, ON P3C1R8

Price on request

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Asset Class

Office

Size

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Building class

B

Zoning

CO — Commercial Office

$ / SF

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Occupancy

95%

About this property

Third Floor downtown Sudbury office space offering approximately 3,290 sq. ft. on the third floor of 66 Elm Street. This nicely-appointed, fully-containted suite features 7 private offices, each with large windows providing an abundance of natural light, along with an oversized boardroom, kitchen, two washrooms and ample in-suite storage. Additional storage is also available within the building. The building offers a secure entrance, accessibility throughout and 24-hour access. The suite is equipped with its own independent security system. Parking can be arranged if required. An excellent opportunity for a professional, not-for-profit or institutional tenant seeking quality office space in a convenient downtown location at a reasonable rents. Available immediately. Please refer to the floor plan included with the listing. Base Rent: $10.00 per sq. ft. net, plus applicable $11.00 CAM/operating costs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

116,153

Households

48,398

Median income

$92,500

Median age

45.6

Daytime population

161,001

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 66 Elm Street Unit# 301, Sudbury.

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.