For Sale · Retail

249 MURRAY STREET, Brantford

249 MURRAY STREET, Brantford, ON N3S5S4

Price on request

961 SF

Asset Class

Retail

Size

961 SF

Building class

B

Zoning

CSC — Shopping Centre

$ / SF

—

Occupancy

98%

About this property

Versatile commercial space offering approximately 961.2 sq. ft. with excellent frontage on Murray Street. The functional layout features two separate rooms plus a spacious common area, providing flexibility for a variety of business needs. Well suited for localized commercial uses serving the surrounding neighbourhood, including retail, professional or personal services, office uses, and other small-scale commercial operations. The layout offers the ability to create private offices, consultation or treatment rooms, customer-facing space, or a combination of uses. A great opportunity for a business looking for an efficient, adaptable space with street presence and convenient access in Brantford. Uses are subject to applicable zoning and approvals. (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.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group465 SF2033-03
Meridian Health Group400 SF2033-03
Meridian Health Group400 SF2033-03

Area demographics

Trade area within 3 miles of the property.

Population

57,518

Households

24,686

Median income

$84,000

Median age

44.4

Daytime population

96,928

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 249 MURRAY STREET, Brantford.

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.