For Lease · Retail

2741 PRINCE WILLIAM STREET, Lincoln (Lincoln-Jordan/Vineland)

2741 PRINCE WILLIAM STREET, Lincoln (Lincoln-Jordan/Vineland), ON L0R1S0

Price on request

2,900 SF

Asset Class

Retail

Size

2,900 SF

Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

84%

About this property

PRIME COMMERCIAL LEASING OPPORTUNITY I JORDAN, ONTARIO. An exceptional opportunity to establish or expand your business in the heart of Jordan, Ontario! This versatile commercial property offers a wide range of potential permitted uses, making it an ideal opportunity for entrepreneurs, retailers, or professional service providers 'seeking a flexible space in Niagara's sought-after wine country. The property offers exciting possibilities for retail operations, including food and general merchandise stores, clothing and footwear, automotive products, hardware, furniture, appliances, and specialty retail. Business and professional uses may include financial, insurance and real estate offices, legal and accounting services, architectural and engineering firms, advertising agencies, employment services, and other business-related operations. Additional potential uses include personal care and service businesses, such as barber shops, salons, laundry and cleaning establishments, photography studios, and day nurseries, as well as health-related services, including medical, dental, chiropractic and laboratory facilities. For those in the hospitality and service industries, potential uses may include restaurants, cafés, catering operations, taverns, tourist accommodations, equipment rentals, motor vehicle rentals and sales, trailer and boat sales and rentals, and custom workshops. Community-oriented uses, commercial and business schools, religious organizations, and other miscellaneous commercial services may also be permitted. With its location in the charming community of Jordan, surrounded by Niagara's established residential neighbourhoods, tourism attractions and growing business opportunities, this property presents an excellent opportunity to bring your business vision to life. Explore the possibilities and make this versatile commercial space the next home for your business! Lease includes all utilities, taxes, insurance, and HST is applicable. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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)

TenantAreaExpiry
Lakeview Physiotherapy1,427 SF2034-11
Lakeview Physiotherapy585 SF2034-11
Lakeview Physiotherapy400 SF2034-10
Lakeview Physiotherapy400 SF2033-11

Area demographics

Trade area within 3 miles of the property.

Population

85,569

Households

35,934

Median income

$96,000

Median age

43.5

Daytime population

89,328

5-yr growth

2.9%

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

Secure deal room

Confidential diligence documents for 2741 PRINCE WILLIAM STREET, Lincoln (Lincoln-Jordan/Vineland).

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.