For Sale · Office

692 MAIN STREET E, Hawkesbury

692 MAIN STREET E, Hawkesbury, ON K6A1B4

$2.3M total

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Asset Class

Office

Size

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Building class

A

Zoning

CO — Commercial Office

$ / SF

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Occupancy

91%

About this property

Incredible prime commercial/ office , rare investment opportunity in Hawkesbury! 9,764SF Triple Net . Strategically located in Hawkesbury, ON - approximately 100km to both Ottawa-Gatineau and Montreal via Hwy 417, Autoroute 50, and Hwy 174. Situated on the Ontario-Quebec border along the Ottawa River, offering excellent regional access and bilingual market exposure.Fully tenanted with strong, stable leases to Ministry of Community and Social Services. 3 doors- 3 services. : Unit A 8,086 sq. ft. 5-year lease running until June 30, 2031, with a 5-year renewal option. Unit B ,1,678 sq. ft. 5-year lease running until Aug 31, 2029. Residential Unit on the 2nd-floor apartment providing additional consistent rental revenue. A turn-key holding property, with reliable quality covenants in place. This solid steel-structure building features a durable steel deck roof with membrane (2016), well-insulated exterior walls (decorative block, steel cladding, concrete, and rigid insulation), and dedicated front and rear parking for 47cars. Powered by a robust 400-amp electrical main feeding three 200-amp panels, 5 rooftop gas HVAC units, and municipal water and sewer connections. 1 attached garage . Managed by owner. Please keep in mind that these expense figures are purely estimates, based on the information on hand. Cap rate 8% (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.29M
Down payment30% · $689K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$131K

Annual cash flow

$3K

Cash-on-cash

0.50%

DSCR

1.03

Going-in cap

5.69%

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

89,397

Households

37,701

Median income

$102,500

Median age

34.7

Daytime population

106,797

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 692 MAIN STREET E, Hawkesbury.

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.