For Sale · Industrial

179 CAMPBELL STREET, Sarnia

179 CAMPBELL STREET, Sarnia, ON N7T2G6

$359,900 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

94%

Year Built

1960

Clear height

20 ft

Loading docks

8

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$360K
Down payment30% · $108K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

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.

Area demographics

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.

Secure deal room

Confidential diligence documents for 179 CAMPBELL STREET, Sarnia.

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.