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$249,900 total
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Asset Class
Retail
Size
—
Building class
A
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
92%
Year Built
1922
Lot Size
0.1483 ac
An excellent investment opportunity awaits in the heart of downtown Liverpool! Located at 222 - 226 Main Street, this long-standing commercial property offers character, charm and tremendous potential for the savvy investor. The spacious main level is currently leased to a successful salon and features beautiful hardwood floors, original tin ceilings and an abundance of historic character. The open concept layout includes a secondary area offering additional privacy, along with a small kitchenette, bathroom and laundry area. Upstairs, a separate space presents exciting possibilities for future development. Featuring a large open concept area, a small kitchenette, bathroom and storage space, this level could potentially accommodate a second commercial venture or be converted into residential apartments, subject to necessary approvals. The building has benefited from several improvements, including exterior facade upgrades, a newer roof and updates to the sprinkler system. Two separate electrical services are currently in place, adding flexibility for future uses. Some parking is available behind the building, with additional public parking conveniently located across the street behind the historic Astor Theatre and in the large parking lot off Henry Hensey Drive. Situated in a prime Main Street location, surrounded by shops, restaurants and other downtown amenities, this property offers a fantastic opportunity to generate rental income while exploring its untapped potential. Whether you're looking to expand your commercial investment portfolio or envision a mixed-use property with both commercial and residential spaces, 222 - 226 Main Street is a property worth exploring! (id:66811)
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Monthly debt service
$1K
Projected NOI
$14K
Annual cash flow
$487
Cash-on-cash
0.65%
DSCR
1.04
Going-in cap
5.74%
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
43,870
Households
19,755
Median income
$124,000
Median age
37.5
Daytime population
56,832
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 222-226 Main Street, Liverpool.
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.