Business For Sale · Retail

6715 COUNTY RD 2, Loyalist (Lennox and Addington - South)

6715 COUNTY RD 2, Loyalist (Lennox and Addington - South), ON K7R3K6

$799,900 total

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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

85%

Lot Size

0.8 ac

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$800K
Down payment30% · $240K
Interest rate6.25%
Amortization25 years
Occupancy85%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 6715 COUNTY RD 2, Loyalist (Lennox and Addington - South).

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.