Business For Sale · Industrial

410 COLBORNE STREET, Chatham-Kent

410 COLBORNE STREET, Chatham-Kent, ON N7M5J4

$1.1M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

89%

Clear height

23 ft

Loading docks

10

About this property

Rare opportunity to acquire an approximately 20,000 sq. ft. industrial building situated on a generous 1.5-acre lot. The property features two loading docks, two front offices with washroom facilities, and convenient access to Highway 401. A new roof was completed in 2023, adding significant value to the property. Excellent opportunity for investors or owner-users seeking a well-located industrial property with ample land. Property is being sold in "as is, where is" condition. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.10M
Down payment30% · $330K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$51K

Annual cash flow

$-10K

Cash-on-cash

-2.97%

DSCR

0.84

Going-in cap

4.65%

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

56,814

Households

19,911

Median income

$118,500

Median age

36.3

Daytime population

76,135

5-yr growth

2.6%

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

Secure deal room

Confidential diligence documents for 410 COLBORNE STREET, Chatham-Kent.

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.