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$359,900 total
—
Asset Class
Industrial
Size
—
Building class
A
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
94%
Year Built
1960
Clear height
20 ft
Loading docks
8
Exceptional opportunity for entrepreneurs, tradespeople, hobbyists, and investors! Zoned Light Industrial this property offers exciting potential for a variety of uses. The spacious 28' x 32' insulated shop is equipped with a dedicated office, functional mezzanine, washroom, utility sink, separate security room and a 20,000 BTU radiant heater, making it suitable for year-round operation. The home is a well-maintained 1.5-storey and features extensive updates throughout, including a beautiful kitchen with new appliances, three bedrooms/ offices, and two updated bathrooms. Outside a rear gravel parking area provides ample room for vehicles, equipment, and additional parking. Comfortable residential living with a highly functional shop and versatile industrial zoning, this property presents a unique opportunity for buyers seeking a home that can accommodate their business ambitions. Unique financing options are available. Please reach out to Listing Agent for more info. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-723
Cash-on-cash
-0.67%
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.
Trade area within 3 miles of the property.
Population
80,605
Households
32,588
Median income
$66,000
Median age
40.9
Daytime population
119,680
5-yr growth
2.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 179 CAMPBELL STREET, Sarnia.
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.