For SALE
Commercial Real Estate Services
1389 King Street North
St Jacobs | Ontario
Investment Opportunity ASKING PRICE:
$1.275 M
Fully built-out office space
RENTABLE AREA:
Large windows provide an abundance of natural light
519.746.6300
6,611 SF .19 Acres
LOT SIZE:
Drive up parking
NOI / YEAR:
$77,279
Walking distance to GRT transit stop
Private in-suite washrooms
WHITNEYRE.COM
St Jacobs St. Jacobs developed its thriving business community dating back to 1819.
Local Thriving Businesses Include:
The village is a bustling commercial center with over 100 businesses, including professional offices, retailers, attractions, and restaurants.
•
Home Hardware
•
The Quarry
•
S2E Technologies
•
WK Dahms Manufacturing
•
Webers Fabrication
•
Block 3 Brewing
3km south, enjoy the St. Jacobs Farmer’s Market with local fresh food, imported/international food. Attracting an estimated 35,000 - 40,000 people each week, during June - October (high season) St. Jacobs, Waterloo and Elmira have a combined population of >517,000
Farmers Market
Block 3 Brewing
Timber Barn
Home Hardware
King Street Boutiques
FEATURES: • Fully Leased building consisting of office & retail space • Large windows provides ample natural light • High traffic volume and great exposure • Drive-up parking with ample public parking nearby
519.746.6300
• Located next to restaurants, shopping amenities,
Conestogo River & trails
• Easy access to HWY 85 • GRT transit service available on King Street
Commercial Real Estate Services
1389 King St N, St Jacobs Rent Roll Summary
Company
Unit Size
Net Rent
Lease Expiry
Angel Treasures
1,154 SF
$17.51/SF
March 30, 2021
$20,206.54
Wild Willow Boutique
400 SF
$19.53/SF
April 30, 2019
$7,812.00
St Jacobs Mennonite Quilts
600 SF
$18.96/SF
May 31, 2022
$11,376.00
4,457 SF
$8.50/SF
February 28, 2023
$37,884.50
PMG Intelligence
Net Yearly Income
$77,279.04
WHITNEYRE.COM
Commercial Real Estate Services
Floor Plan 5 Spring Street View
1389 King Street North View
5 Spring Street
1389 King Street North
Main Floor
Second Floor
WHITNEYRE.COM
For SALE Commercial Real Estate Services
1389 King St N, St Jacobs
5 km to Elmira
17
85 8
4 km to Waterloo
FOR MORE INFORMATION PLEASE CONTACT:
Michael Lambert Sales Representative 519.590.0286
[email protected] WHITNEY & Company Realty Ltd.
103 Bauer Pl, Suite 2
Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. Whitney & Company Realty Limited Brokerage © 01/2018. MLS
John Whitney,
SIOR
Broker of Record, CEO 519.746.6300
[email protected] Waterloo, Ontario
N2L 6B5
Commercial Real Estate Services