For Sale · Industrial

1895 BRUCE ROAD 20 ROAD, Kincardine

1895 BRUCE ROAD 20 ROAD, Kincardine, ON N0G2T0

$2.5M total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

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Occupancy

91%

Lot Size

54 ac

Clear height

29 ft

Loading docks

5

About this property

An exceptional opportunity awaits with this one-of-a-kind 54.12 acre mixed-use property ideally located just 10 km east of Highway 21 and only 15 km from the Bruce Nuclear Power Development. This unique property is perfectly suited for a wide range of commercial, industrial, and agricultural ventures. The property features a versatile zoning combination including approximately 10 acres zoned ACI - Agricultural Commercial Industrial, about 19 acres zoned A1 Agricultural, and roughly 25 acres designated Environmental Protection. This diverse zoning offers numerous possibilities for entrepreneurs, investors, or businesses looking to relocate or expand their operations in a strategic location close to BNPD. Positioned adjacent to the AVANT medical cannabis facility. Services including a drilled well, natural gas, and hydro electricity are available, making future development both convenient and practical. There is ample space for expansion, new construction, or outdoor storage, while the existing infrastructure offers immediate use. The property includes a 760 square foot office building with a full basement, ideal for administrative use, as well as a 2,800 square foot insulated storage building featuring durable steel siding and a steel roof. The site was formerly operated as a lumber mill and pallet manufacturing facility, demonstrating its proven suitability for industrial and commercial use. In addition to the commercial and industrial potential, approximately 15 acres of A1 agricultural land provide opportunities for farming or agricultural-related enterprises, further enhancing the flexibility and long-term value of this remarkable property. With its prime location, mixed-use zoning, existing buildings, and excellent servicing, this property presents a rare opportunity to establish or grow your business. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.48M
Down payment30% · $744K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$11K

Projected NOI

$140K

Annual cash flow

$2K

Cash-on-cash

0.28%

DSCR

1.02

Going-in cap

5.63%

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

55,365

Households

21,399

Median income

$82,500

Median age

42.8

Daytime population

77,001

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 1895 BRUCE ROAD 20 ROAD, Kincardine.

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.