Business For Sale · Retail

65 ST. GEORGE STREET, Deseronto (Deseronto (Town))

65 ST. GEORGE STREET, Deseronto (Deseronto (Town)), ON K0K1X0

$169,900 total

1,335 SF

Asset Class

Retail

Size

1,335 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

$127

Occupancy

83%

About this property

An excellent opportunity to own a versatile commercial property in Deseronto! This former automotive garage offers ample space at both the front and rear of the building for parking, vehicle storage or equipment. An office area located to the side provides space for administrative or business use. Although not currently in operation, this property offers potential for a variety of commercial uses, making it an appealing opportunity for those looking to establish or expand their business. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$170K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$785

Projected NOI

$8K

Annual cash flow

$-2K

Cash-on-cash

-3.34%

DSCR

0.82

Going-in cap

4.54%

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
Blue Harbour Design670 SF2034-11
Blue Harbour Design400 SF2034-11
Blue Harbour Design400 SF2034-11
Blue Harbour Design400 SF2034-11

Area demographics

Trade area within 3 miles of the property.

Population

106,779

Households

46,573

Median income

$104,000

Median age

45.2

Daytime population

157,788

5-yr growth

1.2%

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

Secure deal room

Confidential diligence documents for 65 ST. GEORGE STREET, Deseronto (Deseronto (Town)).

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.