Business For Sale · Office

269 CHARLOTTE STREET, Peterborough (Town Ward 3)

269 CHARLOTTE STREET, Peterborough (Town Ward 3), ON K9J2V3

$615,000 total

—

Asset Class

Office

Size

—

Building class

C

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

91%

About this property

Exceptional Downtown Commercial Opportunity! Position your business for success in this highly visible location directly across from Peterborough's Medical Arts Centre. Built in 1998 and meticulously maintained, this attractive commercial building offers approximately 1,650 sq. ft. of bright, versatile main-floor space. Designed with both functionality and comfort in mind, the main floor features an inviting reception and waiting area, a combination of private offices and open workspaces, a spacious boardroom and a convenient kitchenette. Generous windows fill the space with natural light, creating a welcoming environment for clients and staff alike. A full basement provides approximately 900 additional sq. ft. with excellent storage capacity and potential for future finishing. Other notable features include convenient street-level access, three dedicated rear parking spaces, additional on-street parking, a durable metal roof and 200-amp electrical service. An outstanding opportunity for anyone seeking a quality commercial property in a prominent downtown Peterborough location. Bring your business vision to life! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$615K
Down payment30% · $185K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$40K

Annual cash flow

$6K

Cash-on-cash

3.13%

DSCR

1.17

Going-in cap

6.48%

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

125,698

Households

43,775

Median income

$89,000

Median age

43.6

Daytime population

185,864

5-yr growth

7.5%

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

Secure deal room

Confidential diligence documents for 269 CHARLOTTE STREET, Peterborough (Town Ward 3).

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.