1/54196 PETROLIA LINE Unit# BACK, Petrolia
4196 PETROLIA LINE Unit# BACK, Petrolia, ON N0N1R0
Price on request
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Asset Class
Industrial
Size
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Building class
B
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
93%
Year Built
1880
Clear height
34 ft
Loading docks
5
About this property
This downtown Petrolia location is already set up as a restaurant, but there are many possibilities with this space. With C1 General Commercial zoning, this property can be transformed into the business that you are looking for. If you are looking to start a restaurant, everything is turnkey. There is both booth and table seating and a kitchen already set up. Location can't be beat in the heart of Petrolia next to the farmer's market, offering lots of potential parking spaces. It can be leased in conjunction with the front unit to run a bar and restaurant out of one convenient location. Call today to come take a look at this great downtown space! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$80K
Annual cash flow
$-3K
Cash-on-cash
-0.69%
DSCR
0.96
Going-in cap
5.34%
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
39,663
Households
15,175
Median income
$79,000
Median age
40
Daytime population
63,468
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4196 PETROLIA LINE Unit# BACK, Petrolia.
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.