Business For Sale · Retail

5958 PALMER ROAD, Brudenell, Lyndoch and Raglan

5958 PALMER ROAD, Brudenell, Lyndoch and Raglan, ON K0J2E0

$249,900 total

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Asset Class

Retail

Size

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Building class

C

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

98%

Lot Size

0.462 ac

About this property

Opportunity for your own SHOP... be it for automotive restoration / repair/ car detailing, a tradesman, contractor, or mechanic. This Garage Property Is Being Operated As An Automotive Garage Now. Excellent commercial location offering signage and visibility, and just next to the Grocery, Liquor And Beer Store. About 2700 square feet of clean and open space with high ceilings, including a double bay which is equipped with a BendPak lift (12,000 lb capacity) and a StenH0J DS 2 M & E lift (6,000 lb capacity). Two gates provide access to the rear of the property where the fenced yard offers space for outdoor storage and additional vehicles. The rear bay, ideal for larger vehicles, includes a Ben Pearson lift with 33,000 lb capacity. A PitBOSS air compressor is installed with airline connections running throughout the shop for efficiency and ease of operation. The building has been improved with new shingles (2023), hot water on demand and a new well pump system, plus separate heating systems and A/C for backup and summer cooling. Previous auto shop had excellent revenue numbers, so seize this deal to launch your own business dreams. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$250K
Down payment30% · $75K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$14K

Annual cash flow

$-101

Cash-on-cash

-0.14%

DSCR

0.99

Going-in cap

5.50%

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

146,709

Households

52,599

Median income

$84,500

Median age

43.8

Daytime population

226,670

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 5958 PALMER ROAD, Brudenell, Lyndoch and Raglan.

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.