Business For Sale · Industrial

50 STANLEY STREET, Blenheim

50 STANLEY STREET, Blenheim, ON N0P1A0

$450,000 total

8,000 SF

Asset Class

Industrial

Size

8,000 SF

Building class

B

Zoning

IL — Light Industrial

$ / SF

$56

Occupancy

98%

Year Built

1950

Clear height

19 ft

Loading docks

5

About this property

APPROXIMATELY 8,000 SQUARE FOOT BUILDING, PREVIOUSLY USED AS MACHINE SHOP AND METAL FABRICATING BUSINES. ZONING M-1 LIGHT INDUSTRIAL. GREAT POTENTIAL FOR THIS PROPERTY WITH PLENTY OF ROOM FOR EXPANSION. 12 FT HIGH CEILING HEIGHT, 3 SLIDING DRIVE IN DOORS 1 - 10 X 10, 2- 12 X 12 . CALL FOR YOUR PERSONAL VEIWING. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$24K

Annual cash flow

$-1K

Cash-on-cash

-0.77%

DSCR

0.96

Going-in cap

5.31%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics2,763 SF2028-10
Northbridge Logistics1,799 SF2028-10
Northbridge Logistics1,169 SF2028-10
Northbridge Logistics2,125 SF2028-10

Area demographics

Trade area within 3 miles of the property.

Population

80,367

Households

31,889

Median income

$134,000

Median age

37.7

Daytime population

80,388

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 50 STANLEY STREET, Blenheim.

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.