Business For Sale · Land

79-81 KING EDWARD Street N, Paris

79-81 KING EDWARD Street N, Paris, ON N3L2H1

$799,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

82%

Lot Size

0.69 ac

About this property

Prime corner commercial lot in Paris offering exceptional visibility and exposure along King Edward Street N. High traffic location surrounded by residential growth, established businesses, and local amenities. C2 zoning permits a wide variety of commercial uses, providing excellent development and investment potential. Immediate possession available. Existing billboard lease agreement offers supplemental income. Rare opportunity to acquire a well-positioned commercial property in one of Paris' growing commercial corridors. Property has lease agreement for the Billboard on site. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$799K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$31K

Annual cash flow

$-13K

Cash-on-cash

-5.45%

DSCR

0.70

Going-in cap

3.91%

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

130,406

Households

54,308

Median income

$130,500

Median age

40.5

Daytime population

156,598

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 79-81 KING EDWARD Street N, Paris.

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.