Business For Sale · Retail

2924 Highway 69N Unit# 5B, Val Caron

2924 Highway 69N Unit# 5B, Val Caron, ON P3N1E3

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

99%

About this property

Well-located 850 sq. ft. C-2 zoned main floor commercial unit available at Norm’s Plaza in the heart of Val Caron’s high-traffic commercial strip. This retail or office space offers excellent exposure with signage available, ample on-site parking, and easy access for customers and staff. Zoned C2, the plaza permits a wide range of commercial and retail uses, making it ideal for service, retail, or professional businesses. Offered at $1,695/month plus hydro, with all other CAM costs included in the gross rent ($23.93/sq. ft.). Available immediately and conveniently situated in Val Caron, a growing community just 15 minutes to Dowtown Sudbury. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

42,640

Households

18,295

Median income

$135,500

Median age

38.1

Daytime population

43,473

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 2924 Highway 69N Unit# 5B, Val Caron.

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.