
1/2525 MAIN STREET W, Grimsby (Grimsby West), ON L3M1T6
$9M total
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
99%
Lot Size
12.57 ac
Clear height
34 ft
Loading docks
7
Excellent opportunity to acquire a 12.5-acre commercial/industrial property in Grimsby, ideally situated just minutes from the QEW along the major Toronto-Niagara Falls-U.S. trade corridor.The property features an approximately 10,000 sq. ft. warehouse situated on an expansive 12.5-acre parcel, offering substantial outdoor space and flexibility for a variety of commercial, industrial, storage, or investment uses, subject to applicable approvals.Strategically positioned between the Greater Toronto Area and Niagara Falls/U.S. border crossings, the location provides exceptional regional connectivity and convenient access to major transportation routes throughout Southern Ontario.The property falls under Niagara Escarpment Commission jurisdiction. Purchasers are encouraged to conduct their own due diligence regarding permitted uses, development opportunities, and applicable regulatory approvals.Owner may be willing to assist with financing for qualified purchasers, providing additional flexibility and an attractive opportunity for investors and owner-occupiers alike.A rare opportunity to acquire a substantial 12.5-acre landholding with existing warehouse facilities in a highly accessible and desirable Niagara Region location. (id:66811)
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Monthly debt service
$42K
Projected NOI
$569K
Annual cash flow
$70K
Cash-on-cash
2.60%
DSCR
1.14
Going-in cap
6.32%
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.
Trade area within 3 miles of the property.
Population
90,474
Households
38,713
Median income
$94,500
Median age
43.5
Daytime population
153,457
5-yr growth
1.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 525 MAIN STREET W, Grimsby (Grimsby West).
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.