1/15750 JAMES Street, Wallaceburg
750 JAMES Street, Wallaceburg, ON N8A2R3
Price on request
1,500 SF
Asset Class
Hospitality
Size
1,500 SF
Building class
C
Zoning
CB2 — Central Business
$ / SF
—
Occupancy
86%
Year Built
1971
Lot Size
0.047 ac
About this property
This vacant restaurant space offers a great opportunity for a new tenant to customize the layout and finishes to suit their concept. The property provides a solid foundation and would benefit from some updating, allowing for flexibility in design and branding. Ideal for someone looking to create a tailored dining experience in an established location. The space can also be used for other purposes, not only a restaurant. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$71K
Annual cash flow
$-12K
Cash-on-cash
-2.69%
DSCR
0.85
Going-in cap
4.74%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Prairie Coffee Roasters | 406 SF | 2034-10 |
| Prairie Coffee Roasters | 881 SF | 2034-10 |
Area demographics
Trade area within 3 miles of the property.
Population
122,060
Households
47,707
Median income
$97,000
Median age
32.2
Daytime population
121,160
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 750 JAMES Street, Wallaceburg.
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.