Business For Sale · Office

100 VICTORIA AVENUE, Belleville (Belleville Ward)

100 VICTORIA AVENUE, Belleville (Belleville Ward), ON K8N2A5

Price on request

—

Asset Class

Office

Size

—

Building class

B

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

88%

About this property

Professional Office Space for Lease - 100 Victoria Avenue, Belleville. Bright and functional main-level office space ideally suited for professional office use. This well-appointed suite features a welcoming reception area, four private offices, a kitchenette, dedicated storage room, and private washroom. The practical layout offers an excellent combination of private workspaces and client-facing areas. Two designated parking spaces are included, with ample additional street parking available for clients and visitors. Utilities included in the rent, providing added convenience and predictable occupancy costs. An excellent opportunity for businesses seeking a professional and accessible office location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

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

59,123

Households

21,586

Median income

$88,500

Median age

43.9

Daytime population

79,508

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 100 VICTORIA AVENUE, Belleville (Belleville Ward).

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.