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$799,900 total
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Asset Class
Retail
Size
—
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
85%
Lot Size
0.8 ac
Offering a unique opportunity on approximately 0.8 acres, this property features a versatile building that was previously used as a garage and now combines comfortable living quarters with a spacious workshop. The 2-bedroom, 1-bathroom living area provides a practical space to call home, while the approximately 1,495 sq. ft. workshop offers plenty of room for a business, hobbies, storage or other uses. Three overhead garage doors provide convenient access to the garage and workshop and accommodate a variety of vehicles and equipment. A garden shed in the backyard provides additional storage. Ideally located between Napanee and Odessa, with easy access to Highway 401 just 5 minutes away, this property offers a convenient setting with plenty of flexibility for both work and home. (id:66811)
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Monthly debt service
$4K
Projected NOI
$47K
Annual cash flow
$2K
Cash-on-cash
0.95%
DSCR
1.05
Going-in cap
5.83%
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.
Trade area within 3 miles of the property.
Population
76,381
Households
29,300
Median income
$72,500
Median age
42.4
Daytime population
128,658
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6715 COUNTY RD 2, Loyalist (Lennox and Addington - South).
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.