1/23229 WATER STREET, Sarnia
229 WATER STREET, Sarnia, ON N7T5T4
$379,900 total
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Asset Class
Industrial
Size
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Building class
C
Zoning
IL — Light Industrial
$ / SF
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Occupancy
93%
Year Built
1956
Clear height
26 ft
Loading docks
10
About this property
PUT YOUR BUSINESS WHERE PEOPLE WILL SEE IT! This high-profile corner commercial property in central Sarnia delivers the three things every business wants - location, visibility and opportunity!Situated in a busy, high-traffic area with excellent exposure, this versatile property features General Commercial zoning, opening the door to a wide range of business and investment possibilities.The flexible interior layout can adapt to your vision, while the 19' x 25' attached garage/shop adds valuable space for storage, workspace or service operations. Ample on-site parking keeps things convenient for customers and staff.Just minutes from Centennial Park, Sarnia's waterfront and key amenities, this is more than commercial space - it's a location designed to get your business noticed.Start something new. Expand what you've built. Invest in your future.Great corner. Great exposure. Big potential. Your next move starts here! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-2K
Cash-on-cash
-1.46%
DSCR
0.92
Going-in cap
5.10%
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
136,059
Households
60,081
Median income
$78,500
Median age
40
Daytime population
217,438
5-yr growth
8.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 229 WATER STREET, Sarnia.
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.