275 ELMA Street W, Listowel275 ELMA Street W, Listowel — photo 2275 ELMA Street W, Listowel — photo 3275 ELMA Street W, Listowel — photo 4275 ELMA Street W, Listowel — photo 5275 ELMA Street W, Listowel — photo 6275 ELMA Street W, Listowel — photo 7
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For Lease · Specialty

275 ELMA Street W, Listowel

275 ELMA Street W, Listowel, ON N4W1V7

Price on request

3,400 SF

Asset Class

Specialty

Size

3,400 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

84%

Lot Size

1.19 ac

About this property

Prime downtown Listowel location with approximately 3,400 sq. ft. of versatile commercial warehouse space available for lease. The space offers a functional layout suitable for a variety of business uses, with one office space available within the unit for added convenience. An overhead door provides easy access for loading, deliveries, equipment, or other business needs. Conveniently located in the heart of downtown Listowel with excellent accessibility and plenty of potential to customize the space to suit your business. Whether you're looking for additional storage, warehouse space, or room to grow your operations, this space offers a great opportunity in a central location. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$68K

Annual cash flow

$-15K

Cash-on-cash

-3.26%

DSCR

0.82

Going-in cap

4.56%

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 Logistics974 SF2028-03
Northbridge Logistics1,889 SF2028-03

Area demographics

Trade area within 3 miles of the property.

Population

58,149

Households

25,505

Median income

$120,500

Median age

36.4

Daytime population

53,309

5-yr growth

8.9%

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

Secure deal room

Confidential diligence documents for 275 ELMA Street W, Listowel.

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.