1/39912 2ND AVENUE W, Owen Sound
912 2ND AVENUE W, Owen Sound, ON N4K4M7
$550,000 total
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Asset Class
Office
Size
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Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
82%
About this property
Elegant, charming and well maintained office building with beautiful woodwork and doors intact and recent utility upgrades. Private paved rear parking lot with room for 5-6 vehicles. The building offers approximately 2,600 sq.ft finished space with large private offices and a washroom on each level. The 3rdfloor attic is unfinished and untapped potential with high ceilings and natural light. Easily divisible for smaller square footage requirement. Furnace with Central Air. Recent roof and electrical panel, eavestrough replaced. Please call your Realtor for more information or to arrange a viewing. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$30K
Annual cash flow
$-956
Cash-on-cash
-0.58%
DSCR
0.97
Going-in cap
5.37%
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
95,501
Households
40,575
Median income
$108,500
Median age
45.9
Daytime population
103,441
5-yr growth
2.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 912 2ND AVENUE W, Owen Sound.
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.