1/64196 PETROLIA LINE Unit# FRONT, Petrolia
4196 PETROLIA LINE Unit# FRONT, Petrolia, ON N0N1R0
Price on request
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Asset Class
Industrial
Size
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Building class
C
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
92%
Year Built
1880
Clear height
19 ft
Loading docks
14
About this property
This downtown Petrolia location is already set up as a bar, but there are many possibilities with this space. With C1 General Commercial zoning, this property can be transformed into the business that you are looking for. If you are looking to start a bar, everything is turnkey. The unit features a large bar and sitting area with music set up as well as a pool table. Location can't be beat on the main street of Petrolia next to the farmer's market, offering lots of potential parking spaces. It can be leased in conjunction with the back unit to run both bar and restaurant in one convenient location. Call today to come take a look at this great downtown space! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
116,845
Households
45,389
Median income
$78,500
Median age
42.7
Daytime population
160,524
5-yr growth
2.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4196 PETROLIA LINE Unit# FRONT, Petrolia.
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.