26 Wilson St W
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26 Wilson St W
2,088 SF 100% Leased Retail Building Perth, ON K7H 2M9 $312,576 USD ($150 USD/SF) 4.50% Cap Rate
Investment Highlights
- High traffic location
- Growing city
- 3 commercial units and 2 bedroom apartment
Executive Summary
MIXED USE BUILDING IN HIGH TRAFFIC LOCATION ON WILSON STREET IN PERTH. 3 COMMERCIAL UNITS & ONE 2 BDRM APT, 200 AMP SERVICE, NEWER PEX & ABS & COPPER PLUMBING, STEEL ROOF, SPRAY FOAM INSULATED BASEMENT, FORCED AIR NATURAL GAS FURNACE, DEEP 210 FOOT LOT, COMMERCIAL TENANTS ARE A HAIR SALON & ICE CREAM PARLOUR & TAXI SERVICE,VERY REASONABLE PROPERTY TAXES AT $4,270 FOR YEAR 2024, OVER 40% OF THE POPULATION OF THE TOWN OF PERTH ARE RETIRED & MORE & MORE RETIREES ARE MOVING TO PERTH,THESE RETIREES MAKE EXCELLENT TENANTS & THIS IS AN EXCELLENT RENTAL MARKET,25% OF THE PERTH WORKFORCE WORK IN OTTAWA,PERTH HAS (1)BEAUTIFUL STEWART PARK W/MULTITUDE OF YEARLY FESTIVALS (2)THE 'LINKS O TAY' GOLF COURSE WHICH IS THE OLDEST GOLF COURSE IN CANADA (3) THE TAY RIVER WHICH FLOWS IN TO THE 'WORLD HERITAGE SITE RIDEAU CANAL',POST WAR 1812 PERTH WAS THE LARGEST BRITISH MILITARY STATION W/THE MOST SOLDIERS & WAR EQUIPMENT,THE HIGH STANDING BRITISH MILITARY OFFICIALS RETIRED IN THE BANKING CENTRE OF PERTH
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,088 SF
Building Class
C
Year Built
1900
Price
$312,576 USD
Price Per SF
$150 USD
Cap Rate
4.50%
NOI
$14,066 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.14 AC
Zoning
R3 C1-1
Parking
5 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
12 FT on Wilson St W
Amenities
- Signage
- Signalized Intersection
Walk Score ®
Walker's Paradise (93)
Nearby Major Retailers
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26 Wilson St W
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