1/17452 RICHARDSON ROAD, Orangeville
452 RICHARDSON ROAD, Orangeville, ON L9W4W8
$135,000 total
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Asset Class
Industrial
Size
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Building class
C
Zoning
IM — Medium Industrial
$ / SF
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Occupancy
91%
Clear height
27 ft
Loading docks
7
About this property
Sale of Business - More than 20 years in business. Turn Key operation. Great opportunity to own and operate a stone fabrication shop from this efficient set up, working with quartz, porcelain, granite, marble and other natural stones to create customized pieces. Offering an established operation specializing in the fabrication and installation of countertops, fireplaces, flooring, bathrooms, and kitchens. The assets and equipment are currently installed and operating from a premium unit with street exposure. Showroom and bathroom on main floor. 1 Office and 1 Tool Storage room. Drive in Loading Door. Conveniently located close to the Hwy 10 and Downtown Orangeville. Lease Term of 4 years + 5 years. Current Monthly Rent with TMI and Hst included $5,722.92. Check their website at https://millanmarble.com (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$623
Projected NOI
$6K
Annual cash flow
$-1K
Cash-on-cash
-2.70%
DSCR
0.85
Going-in cap
4.73%
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
49,792
Households
21,627
Median income
$109,000
Median age
31.6
Daytime population
50,930
5-yr growth
0.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 452 RICHARDSON ROAD, Orangeville.
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.