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$799,999 total
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Asset Class
Industrial
Size
—
Building class
C
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
88%
Year Built
1982
Clear height
26 ft
Loading docks
11
Multiple Incomes! A rare chance to acquire a fully operational entertainment and hospitality property offering multiple income streams with strong future upside. The building features six bowling lanes with Brunswick A-2 machines and durable synthetic lanes, and is LLBO licensed for 100+ patrons, supporting consistent food, beverage, and entertainment revenue. A steel roof (approx. 14 years old) adds long-term durability and low maintenance. The on-site pub-style restaurant is extremely well-known locally for its popular comfort-food menu and welcoming atmosphere. A fully equipped newer commercial kitchen is included, allowing a true turnkey operation. The dining area is utilized for family dining, private events, karaoke nights, and group functions, with flexibility to evolve into a sports bar or event venue. Additional income potential includes a 1+1 bedroom residential living quarters with direct access from the kitchen—ideal for owner occupancy, staff housing, or rental income. Currently tenanted. There's more! An additional lot with a large detached garage behind the building, currently used as a paint shop, provides excellent value-add potential. It could continue as a leased commercial space or be repurposed into additional residential rental income, light industrial use, or business space. The main building also offers conversion potential for family entertainment, fitness or training facility, catering hall, or mixed-use commercial concepts. This property is ideal for investors and entrepreneurs alike, looking for a diversified, multi-income-producing asset with operational stability. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$36K
Annual cash flow
$-9K
Cash-on-cash
-3.59%
DSCR
0.81
Going-in cap
4.46%
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.
Trade area within 3 miles of the property.
Population
91,033
Households
34,992
Median income
$107,000
Median age
31.8
Daytime population
102,732
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4 Young, Tilbury.
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.