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$90,000 total
1,800 SF
Asset Class
Specialty
Size
1,800 SF
Building class
A
Zoning
US — Urban Services
$ / SF
$50
Occupancy
84%
Year Built
1920
Here is a great opportunity to invest in! Main floor commercial space with two one bedroom apartments above on Moosomin's busy Main Street. The exterior of the building has nice curb appeal. The main floor has seen renovations in the last 4 years and looks great! The main floor tenant has a 3 year lease in place until September 2028, and both apartments are occupied as well. Contact an agent for more information and to take a look. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$416
Projected NOI
$5K
Annual cash flow
$-140
Cash-on-cash
-0.52%
DSCR
0.97
Going-in cap
5.39%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Northbridge Logistics | 683 SF | 2033-03 |
| Northbridge Logistics | 400 SF | 2033-03 |
| Northbridge Logistics | 400 SF | 2033-03 |
| Northbridge Logistics | 400 SF | 2033-03 |
Trade area within 3 miles of the property.
Population
129,558
Households
45,517
Median income
$113,000
Median age
35.2
Daytime population
117,736
5-yr growth
5.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 623 Main STREET, Moosomin.
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.