Business For Sale · Industrial

425 EXMOUTH STREET, Sarnia

425 EXMOUTH STREET, Sarnia, ON N7T5P1

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

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Occupancy

93%

Clear height

35 ft

Loading docks

7

About this property

UNIQUE RESIDENTIAL/COMMERCIAL PROPERTY ON BUSY EXMOUTH ST. CORRIDOR. 3 BEDROOM UPPER APARTMENT (APPROX 1400 SQ FT) & 1800 SQ FT OF RETAIL, MEDICAL OR OFFICE SPACE ON MN FLR OR USE BOTH FLOORS FOR COMMERCIAL OR RESIDENTIAL. BUS STOP AT DOOR. VACANT. CALL L.A TO SHOW. L.A.IS SHAREHOLDER OF LANDLORD. RENT PLUS UTILITIES. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

109,582

Households

41,799

Median income

$121,000

Median age

35.4

Daytime population

140,059

5-yr growth

2.5%

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

Secure deal room

Confidential diligence documents for 425 EXMOUTH STREET, Sarnia.

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.