Business For Sale · Industrial

7216 TALBOT TRAIL, Dealtown

7216 TALBOT TRAIL, Dealtown, ON N0P1A0

$424,900 total

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

89%

Year Built

1950

Clear height

22 ft

Loading docks

3

About this property

Versatile live/work/investment opportunity in the heart of Dealtown, ideally located on Talbot Trail just minutes from Lake Erie and within an easy commute to Chatham. This high-visibility corner lot offers excellent exposure along with ample on-site parking. The expansive main floor commercial space, previously operated as a restaurant and variety store, features a functional layout with generous square footage, two 2-piece bathrooms, a commercial range hood, and the flexibility to re-establish a food service operation or adapt the space for a wide range of potential uses, subject to approvals. Upstairs, the bright and well-thought-out residential unit offers two bedrooms and two full bathrooms, including a spacious primary suite with walk-in closet and private ensuite, along with in-unit laundry, a warm wood kitchen, beautiful natural wood finishes throughout, a cozy gas fireplace, and a separate bar room ideal for entertaining. Enjoy stunning Lake Erie views from the enclosed rear porch, providing the perfect setting for morning coffee or evening relaxation. A heated, detached 2.5-car garage adds further value with options for additional parking, storage, or workshop space, making this a rare and flexible opportunity for entrepreneurs, investors, or those seeking a unique mixed-use property. Conveniently located near the Lake Erie waterfront and within easy reach of Chatham. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$425K
Down payment30% · $127K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$-3K

Cash-on-cash

-2.74%

DSCR

0.85

Going-in cap

4.72%

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

128,058

Households

54,646

Median income

$64,500

Median age

40

Daytime population

137,644

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 7216 TALBOT TRAIL, Dealtown.

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.