1/830 Erie STREET North, Leamington
30 Erie STREET North, Leamington, ON N8H2Z3
Price on request
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Asset Class
Industrial
Size
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Building class
C
Zoning
IB — Industrial Business
$ / SF
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Occupancy
92%
Clear height
23 ft
Loading docks
10
About this property
Amazing commercial property featuring approximately 2,100 sq. ft. with huge main street visibility and less than one block away from downtown Leamington's main 4 corner intersection. This place would make a perfect retail store, coffee shop, restaurant, clinic, office, etc. The possibilities are endless!! There is tons of street parking as well as a municipal lot within a couple minute walk. The property is sitting right next to one of Leamington's favourite restaurants and across from the Leamington library. This is a wide open space and has so much potential! For rent plus utilities, this commercial space will not last!! Tenant is responsible for their own content and liability insurance as well as their own legal liability. Available now! Call the Listing Agent today for your personal viewing of this great commercial property!! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$79K
Annual cash flow
$-4K
Cash-on-cash
-0.97%
DSCR
0.95
Going-in cap
5.25%
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
42,626
Households
15,982
Median income
$133,500
Median age
39.2
Daytime population
64,133
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 30 Erie STREET North, Leamington.
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.