1/18317 ERIE STREET South, Leamington
317 ERIE STREET South, Leamington, ON N8H3C8
Price on request
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Asset Class
Industrial
Size
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Building class
A
Zoning
IB — Industrial Business
$ / SF
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Occupancy
97%
Clear height
18 ft
Loading docks
7
About this property
VERSATILE COMMERCIAL LEASE OPPORTUNITY IN LEAMINGTON! Welcome to 317 Erie Street South! Offering approximately 1,800 sq. ft. of newly renovated space, this property features 3 large rooms, 1 bathroom, a new updated kitchen, appliances, fresh paint, an updated bathroom, and some new flooring. Enjoy a convenient location within walking distance of shopping, local businesses, and everyday amenities, as well as being just a short distance from the beautiful Leamington waterfront, marina, and beach. A fantastic opportunity for your next business venture! Available for an initial 1-year lease at $2,400/month, with water included. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$85K
Annual cash flow
$2K
Cash-on-cash
0.46%
DSCR
1.02
Going-in cap
5.68%
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
142,010
Households
66,424
Median income
$132,000
Median age
36.3
Daytime population
181,897
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 317 ERIE STREET South, 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.