For Lease · Land

126 SIXTH AVENUE, Cochrane

126 SIXTH AVENUE, Cochrane, ON P0L1C0

$40,000 per sq ft / yr

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

89%

About this property

Prime C1-zoned commercial lot available for lease in Cochrane's busy downtown core. This high-visibility property is surrounded by established businesses, banks, and the post office, offering excellent pedestrian and vehicle exposure year-round. The lot measures approximately 22 ft x 132 ft (2,904 sq. ft.) and provides a versatile space with possible opportunities for a variety of uses, including food trucks, pop-up retail, vendor setups, or commercial parking. The vacant lot is not presently serviced. Located just steps from restaurants, shops, and key municipal services, this central location ensures steady foot traffic and strong business potential. Flexible zoning allows for a wide range of commercial opportunities, making it a great option for entrepreneurs or operators seeking a strategic, accessible site. (id:66811)

Financial sandbox

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Estimate
Purchase price$40K
Down payment30% · $12K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$185

Projected NOI

$2K

Annual cash flow

$-219

Cash-on-cash

-1.83%

DSCR

0.90

Going-in cap

4.99%

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

122,031

Households

53,371

Median income

$122,000

Median age

36.2

Daytime population

136,086

5-yr growth

5.7%

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

Secure deal room

Confidential diligence documents for 126 SIXTH AVENUE, Cochrane.

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.