Business For Sale · Industrial

525 MAIN STREET W, Grimsby (Grimsby West)

525 MAIN STREET W, Grimsby (Grimsby West), ON L3M1T6

$9M total

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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

About this property

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)

Financial sandbox

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Estimate
Purchase price$9.00M
Down payment30% · $2.70M
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 525 MAIN STREET W, Grimsby (Grimsby West).

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.