For Sale · Retail

18 ARGYLE Street N, Caledonia

18 ARGYLE Street N, Caledonia, ON N3W1B7

Price on request

1,200 SF

Asset Class

Retail

Size

1,200 SF

Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

—

Occupancy

96%

About this property

Excellent opportunity to establish your business in the heart of downtown Caledonia! This approximately 1,200 sq. ft. commercial retail space offers outstanding street-front exposure and excellent visibility in a desirable downtown location. Situated among established local businesses, this versatile space is well suited for a variety of retail, professional office, or service-oriented uses. Take advantage of this opportunity to position your business in Caledonia's vibrant downtown core, with convenient access for customers and clients. A great location to grow your business! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$84K

Annual cash flow

$775

Cash-on-cash

0.17%

DSCR

1.01

Going-in cap

5.59%

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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group536 SF2033-05
Meridian Health Group400 SF2033-05
Meridian Health Group400 SF2033-05

Area demographics

Trade area within 3 miles of the property.

Population

141,113

Households

64,878

Median income

$124,000

Median age

36

Daytime population

126,073

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 18 ARGYLE Street N, Caledonia.

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.