Business For Sale · Retail

112 March ST # 1, Sault Ste. Marie

112 March ST # 1, Sault Ste. Marie, ON P6A2Z3

Price on request

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

98%

Lot Size

0.14 ac

About this property

RENOVATED COMMERCIAL SPACE OF 675 SQUARE FEET. IDEAL FOR SMALL RETAIL, SERVICE, OR OTHER COMMERCIAL USE. LOCATED IN CONVENIENT DOWNTOWN AREA WITH CONSTANT FOOT TRAFFIC AND EXCELLENT EXPOSURE. GREAT LAYOUT WITH OPEN SHOWROOM AREA, STORAGE ROOM, AND PRIVATE WASHROOM. BEAUTIFULLY RENOVATED SPACE AND SPACE HAS CENTRAL AIR. INCLUDES ONE PARKING SPOT. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

118,746

Households

49,061

Median income

$103,000

Median age

32.6

Daytime population

177,709

5-yr growth

1%

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

Secure deal room

Confidential diligence documents for 112 March ST # 1, Sault Ste. Marie.

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.