For Sale · Industrial

177 PURDY ROAD, Cramahe

177 PURDY ROAD, Cramahe, ON K0K1S0

$1.7M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

99%

Lot Size

1.35 ac

Clear height

20 ft

Loading docks

12

About this property

An exceptional industrial opportunity! Approximately 8,816 sq. ft. of measured industrial, office and support space on 1.35 acres, minutes from Highway 401! Welcome to 177 Purdy Road, Colborne, a versatile freestanding industrial facility offering the space, infrastructure and flexibility to accommodate a wide range of business operations. Featuring three expansive workshops totaling approximately 6,553 sq. ft., including an impressive 76'7" x 49'2" primary workshop, this property is designed for functionality and efficiency. Three industrial overhead bay doors, offering excellent access for equipment and day-to-day operations, truck-level loading, grade-level access, concrete floors and 400-amp electrical service provide excellent operational capabilities. The approximately 774 sq. ft. dedicated office component includes a spacious reception area, two private offices, bathroom and hallway, creating an ideal separation between administrative and industrial operations. Additional features include approximately 1,278 sq. ft. of storage rooms, multiple washrooms and versatile support areas. Zoned M1-2, this property offers valuable flexibility for a variety of industrial uses, subject to municipal approvals. Situated on a high-visibility 1.35-acre corner lot with generous outdoor space, ample parking and convenient commercial vehicle access. Ideally suited for manufacturing, fabrication, warehousing, distribution, contractors and equipment-related businesses, subject to permitted uses. Strategically located near Highway 401 and Highway 2, offering convenient connections to Toronto, Kingston and major Ontario markets. Whether you're expanding your operations, establishing your headquarters or investing in industrial real estate, this property delivers the space, accessibility and versatility to support your business ambitions. An outstanding opportunity to own a substantial industrial property in a strategic location. Book your private showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.69M
Down payment30% · $507K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$88K

Annual cash flow

$-6K

Cash-on-cash

-1.19%

DSCR

0.94

Going-in cap

5.18%

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

82,574

Households

30,729

Median income

$91,500

Median age

45.2

Daytime population

134,005

5-yr growth

9.1%

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

Secure deal room

Confidential diligence documents for 177 PURDY ROAD, Cramahe.

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.