For Sale · Retail

5 - 190 SHARPE STREET E, Gravenhurst (Muskoka (S))

5 - 190 SHARPE STREET E, Gravenhurst (Muskoka (S)), ON P1P1J2

Price on request

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Asset Class

Retail

Size

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Building class

C

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

92%

About this property

Prime turn-key commercial opportunity in the heart of Gravenhurst, the gateway to Muskoka. Approximately 4,000 sq. ft. of fully improved space available immediately. Featuring high ceilings and a flexible open-concept layout, this high-visibility location is well suited for a variety of permitted commercial uses, including retail, medical, dental, wellness, fitness and recreational uses. C-1 Commercial zoning offers flexibility for a range of business operations, subject to municipal approval and permitted-use requirements. Strong year-round traffic, excellent visibility and ample on-site parking add to the property's appeal. An excellent opportunity for an established operator, professional practice or national brand seeking a presence in the growing Muskoka market. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

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

80,608

Households

29,578

Median income

$77,500

Median age

43

Daytime population

103,944

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 5 - 190 SHARPE STREET E, Gravenhurst (Muskoka (S)).

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.