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For Sale · Specialty

13 ALMA Street N, Hagersville

13 ALMA Street N, Hagersville, ON N0A1H0

$559,900 total

5,095 SF

Asset Class

Specialty

Size

5,095 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$110

Occupancy

100%

Lot Size

0.235 ac

About this property

Exceptional opportunity to own a spacious 5,095 sq. ft. single-level commercial building in a desirable, high-traffic Hagersville location. Currently leasing? Not only could you be paying less than $10/sqft compared to a regular lease, you will be paying off your OWN building! The current open-span design makes it easy and cost-effective to customize the space with partition walls to suit a wide range of businesses. A suspended ceiling provides convenient access for networking, electrical and other services. There are three washrooms—two public and one staff—as well as an accessible main entrance with a vestibule and push-button automatic door openers. Parking is available at the rear, with plenty of additional street parking in front of and around the property. Flexible zoning allows for many potential uses, from a physiotherapy, massage or wellness clinic to a spacious professional office or business headquarters. Located in the growing community of Hagersville, close to numerous amenities and the local hospital, with significant daily traffic passing through town. An excellent opportunity for a business owner currently leasing who would prefer to invest in and pay down their own property. A substantial building offering outstanding space, flexibility and value compared with today’s replacement costs. Some photos have been edited/staged to show potential uses/opportunities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$560K
Down payment30% · $168K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$46K

Annual cash flow

$15K

Cash-on-cash

9.16%

DSCR

1.50

Going-in cap

8.29%

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
Cascade Foods Inc.2,789 SF2027-12
Cascade Foods Inc.1,257 SF2027-12
Cascade Foods Inc.569 SF2027-12
Cascade Foods Inc.475 SF2027-12

Area demographics

Trade area within 3 miles of the property.

Population

111,761

Households

45,765

Median income

$98,000

Median age

31.7

Daytime population

131,567

5-yr growth

3.1%

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

Secure deal room

Confidential diligence documents for 13 ALMA Street N, Hagersville.

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.