For Sale · Industrial

48 TALBOT STREET North Unit# LOWER, Essex

48 TALBOT STREET North Unit# LOWER, Essex, ON N8M1A2

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

99%

Clear height

32 ft

Loading docks

11

About this property

Exceptional commercial lease opportunity in the vibrant core of downtown Essex! This approximately 1,300 SF storefront plus additional storage space offers outstanding visibility along high-traffic Talbot Street North, ideally situated near one of Essex’s busiest corners. This prime location provides excellent exposure and is within walking distance of numerous surrounding homes and established neighbourhoods, making it an ideal setting for retail, office, or service-based businesses looking to establish a strong local presence. The open-concept layout is enhanced by expansive front windows that flood the space with natural light while providing excellent street exposure. Ample parking is available along the recently updated streetscape, including convenient on-street parking directly in front of the building, providing easy accessibility for customers and clients. Now offered at just $1,800 per month plus HST! Tenant to assume responsibility for all applicable taxes, utilities, insurance, maintenance, and operating costs. Available for immediate occupancy. All intended uses to be verified by the tenant with the Town of Essex. Credit application and references to accompany all offers to lease. Easy to show—contact listing salesperson to book your private viewing today. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$88K

Annual cash flow

$5K

Cash-on-cash

1.03%

DSCR

1.06

Going-in cap

5.85%

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

72,154

Households

32,845

Median income

$86,000

Median age

44.7

Daytime population

62,103

5-yr growth

8.8%

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

Secure deal room

Confidential diligence documents for 48 TALBOT STREET North Unit# LOWER, Essex.

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.