Business For Sale · Retail

1117 MIDLAND AVENUE, Kingston (City Northwest)

1117 MIDLAND AVENUE, Kingston (City Northwest), ON K7P2X8

$249,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

82%

About this property

Thriving and well-established sushi takeout business with strong and consistent revenue. Equipped with modern, well-maintained equipment and operating with impressive sales performance. Enjoy affordable rent and excellent profitability. The business runs only five days per week with convenient hours (11:00 a.m. to 8:00 p.m.), offering an ideal work-life balance. A rare opportunity for an owner-operator or investor seeking a highly profitable venture. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$249K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$14K

Annual cash flow

$-85

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

89,053

Households

40,842

Median income

$81,000

Median age

44.1

Daytime population

149,228

5-yr growth

1.7%

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

Secure deal room

Confidential diligence documents for 1117 MIDLAND AVENUE, Kingston (City Northwest).

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.