Business For Sale · Industrial

269 RAMSAY STREET, Amherstburg

269 RAMSAY STREET, Amherstburg, ON N9V1Y3

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

98%

Clear height

30 ft

Loading docks

10

About this property

Prime commercial property recently Awarded ""Most Attractive Improvement Award"", nestled in the heart of Amherstburg's bustling center. Boasting approximately 6100 square feet of versatile space across two floors, making it ideal for a range of business ventures. Its General Commercial zoning allows for diverse commercial uses, from retail to restaurant, offering endless possibilities for future growth. The building features modern amenities, including a forced air gas furnace and central air, ensuring a comfortable environment for both employees and customers. Mixed surface open area, enhancing convenience and loading accessibility. With its blend of historic charm, location and commercial potential, this property represents a unique investment opportunity promising a vibrant future for any business or investor looking to capitalize on Amherstburg's growth. Owner will divide space for multiple tenants if required. Commission noted is paid annually. CAMS are approximate only. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

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

43,950

Households

17,990

Median income

$104,000

Median age

32.9

Daytime population

66,676

5-yr growth

6.1%

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

Secure deal room

Confidential diligence documents for 269 RAMSAY STREET, Amherstburg.

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.