For Lease · Retail

133 MAIN STREET SOUTH, Kenora (Downtown)

133 MAIN STREET SOUTH, Kenora (Downtown), ON P9N1T1

Price on request

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Asset Class

Retail

Size

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Building class

B

Zoning

CB1 — Low Intensity Business

$ / SF

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Occupancy

92%

About this property

Located in the heart of Kenora, this commercial space is ready for a great retail idea or other options that you may be thinking about. With approx. 4500 sq ft, it offers great space and storage areas. The upper level could be office space and it has a shipping and receiving entrance. This location offers exposure most businesses are looking for. Asking $8.00 per sq ft. (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

112,901

Households

44,966

Median income

$94,000

Median age

44.4

Daytime population

173,279

5-yr growth

3.5%

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

Secure deal room

Confidential diligence documents for 133 MAIN STREET SOUTH, Kenora (Downtown).

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.