For Sale · Industrial

1181 VIMY RIDGE ROAD, Black River-Matheson (Matheson)

1181 VIMY RIDGE ROAD, Black River-Matheson (Matheson), ON P0K1N0

$1.3M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

92%

Clear height

19 ft

Loading docks

2

About this property

An exceptional opportunity to own 6,000 sq. ft. of industrial/commercial space situated on an impressive 78-acre property in Matheson. This unique offering combines expansive land, untouched forest, substantial building space, and heavy-duty infrastructure, providing the versatility to accommodate a wide range of commercial and industrial operations. The industrial building is designed to handle demanding uses and features two 16' x 16' overhead doors and one 12' x 12' overhead door, offering excellent access for large trucks, heavy equipment, machinery, and materials. A 10-ton suspended overhead crane on rails adds significant value and functionality for mechanical, fabrication, repair, construction, and industrial operations. The property also benefits from approximately $100,000 in recent yard improvements, creating a well-equipped and functional space to support heavy equipment. A separate 480 sq. ft. office building provides dedicated administrative space for daily business operations, management, and customer service. With 78 acres of land, extensive industrial infrastructure, and a flexible layout, this property presents an ideal opportunity for an owner-operator, contractor, trucking company, equipment dealer, repair facility, fabrication business, or investor seeking room to operate, expand, and grow. Located close to the amenities, including shops, healthcare, and other essential services, the property offers the rare combination of industrial functionality, privacy, acreage, and future potential. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.32M
Down payment30% · $397K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$80K

Annual cash flow

$7K

Cash-on-cash

1.65%

DSCR

1.09

Going-in cap

6.04%

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

80,449

Households

33,971

Median income

$81,500

Median age

43.1

Daytime population

113,187

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 1181 VIMY RIDGE ROAD, Black River-Matheson (Matheson).

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.