Business For Sale · Retail

11935 HWY 17 E, Huron Shores

11935 HWY 17 E, Huron Shores, ON P0R1L0

$685,000 total

—

Asset Class

Retail

Size

—

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

97%

Year Built

2009

Lot Size

9 ac

About this property

Rare opportunity to own a well-equipped 9-acre equestrian property with impressive infrastructure for year-round use. Featuring a 70' x 120' indoor riding arena with tile drainage, insulated stable with concrete flooring, 12 stalls for full-size and miniature horses, tack/feed room, dedicated wash area and heating on two sides. Heated observation room includes a 2-pc bath and laundry facilities. Additional features include a 41' x 30' hay storage building, 4 paddocks, 3 outdoor horse shelters and manure building. Artesian well, septic, 200-amp service and generator hookup. Land and buildings only; no business included. Contact for the complete information package. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$685K
Down payment30% · $206K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$39K

Annual cash flow

$813

Cash-on-cash

0.40%

DSCR

1.02

Going-in cap

5.66%

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

116,892

Households

40,771

Median income

$115,000

Median age

37.3

Daytime population

119,949

5-yr growth

8.1%

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

Secure deal room

Confidential diligence documents for 11935 HWY 17 E, Huron Shores.

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.