For Sale · Office

756 KINSTEAD PRIVATE, Ottawa

756 KINSTEAD PRIVATE, Ottawa, ON K2S3B3

$449,990 total

632 SF

Asset Class

Office

Size

632 SF

Building class

C

Zoning

CO — Commercial Office

$ / SF

$712

Occupancy

92%

About this property

A unique opportunity for a small business to make its mark in a distinctive stone building full of character and potential. Currently unfinished on the interior and ready for fit-up, this property offers a blank canvas to bring your vision to life. The NMU2 - Neighbourhood Mixed Use Zone permits an abundance of commercial uses, including office, animal care, banking, catering, medical, personal services, place of worship, restaurant and retail, among others. Enjoy excellent exposure in an established area surrounded by residential density, providing a strong customer base and convenient access for clients, customers and staff. The property also offers the opportunity to expand on-site parking, adding further flexibility for a variety of business concepts. A heritage component applies to the exterior of the building only and provides flexibility for future improvements. The Seller is currently undertaking exterior renovations and intends to deliver the building envelope in great condition, providing a solid foundation for your interior fit-up. Whatever you envision for this commercial space, this property presents a rare opportunity to create a space tailored specifically to your needs. Bring your creativity and vision to this one-of-a-kind property and unlock its considerable potential. Stated square footage does not include the second floor. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$28K

Annual cash flow

$4K

Cash-on-cash

2.64%

DSCR

1.14

Going-in cap

6.33%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters400 SF2029-05
Prairie Coffee Roasters400 SF2029-05

Area demographics

Trade area within 3 miles of the property.

Population

107,745

Households

48,916

Median income

$96,000

Median age

42.4

Daytime population

142,351

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 756 KINSTEAD PRIVATE, Ottawa.

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.