Business For Sale · Office

C - 19 NEWBERRY STREET, Belleville (Belleville Ward)

C - 19 NEWBERRY STREET, Belleville (Belleville Ward), ON K8N3N2

Price on request

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Asset Class

Office

Size

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Building class

A

Zoning

CB2 — Central Business

$ / SF

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Occupancy

97%

Lot Size

706 ac

About this property

Flexible Professional Space with Excellent Parking & Utilities Included! Welcome to 9 Newberry Street, a versatile 706 sq ft professional commercial space currently operating as a stylish brow bar. The flexible zoning permits a variety of potential uses, including office, service, and light industrial, making this an excellent opportunity for a wide range of businesses and professionals. The space features a bright and functional main area with a convenient sink, plus its own private washroom. Plenty of on-site parking adds another level of convenience for both clients and staff. Utilities are included in the rent, helping simplify your monthly operating costs. Whether you're looking to continue with a beauty or personal service business, establish a professional office, or take advantage of another permitted use, this well-maintained space offers flexibility, convenience, and excellent value. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$85K

Annual cash flow

$2K

Cash-on-cash

0.46%

DSCR

1.02

Going-in cap

5.68%

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

128,056

Households

49,702

Median income

$118,500

Median age

31.9

Daytime population

201,591

5-yr growth

5.3%

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

Secure deal room

Confidential diligence documents for C - 19 NEWBERRY STREET, 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.