Business For Sale · Office

1 - 291 8TH STREET E, Owen Sound

1 - 291 8TH STREET E, Owen Sound, ON N4K1L2

Price on request

—

Asset Class

Office

Size

—

Building class

A

Zoning

DC1 — Direct Control

$ / SF

—

Occupancy

94%

About this property

Discover an excellent leasing opportunity at 291 8th Street East in Owen Sound! This commercial office building features a substantially renovated interior with a modern, professional atmosphere and a functional layout designed to accommodate a variety of business needs.The space offers four private offices, a spacious general work area, and a dedicated reception area, providing an ideal combination of privacy, collaboration, and a welcoming first impression for clients. The updated interior creates a clean, contemporary workspace, allowing businesses to establish themselves with minimal additional improvements.Ideally suited for professional services, consulting firms, administrative offices, and a variety of other compatible commercial uses, this versatile property offers an excellent opportunity for both established businesses and growing companies.Looking for the right space to take your business to the next level? This is your opportunity! Whether you're relocating, expanding, or launching a new venture, 291 8th Street East offers the professional setting and flexibility your business deserves.Don't miss your chance to secure this attractive commercial office space! Call today to arrange your private showing, explore leasing opportunities, and take the next step toward making this your new business address! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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

125,604

Households

46,082

Median income

$102,500

Median age

31.2

Daytime population

204,043

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 1 - 291 8TH STREET E, Owen Sound.

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.