Business For Sale · Specialty

. Henry ST, Gogama

. Henry ST, Gogama, ON P0M1C0

$999,999 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

94%

Year Built

1971

Lot Size

5.2 ac

About this property

Expansive Commercial Property on 5.2 Acres in Gogama, Ontario. Exceptional opportunity to acquire a large-scale commercial property on approximately 5.2 acres in Gogama, Ontario, conveniently located about 112 km from Timmins. The impressive two-storey main building offers over 14,000 square feet and was previously used as office space, providing a versatile layout suitable for a wide range of commercial, institutional, or redevelopment uses. The property also features multiple garage buildings, ideal for storage, fleet vehicles, maintenance operations, or workshop space. Paved parking and driveways allow for easy access and efficient on-site circulation. With its generous land size, substantial building footprint, and flexible infrastructure, this property presents strong potential for owner-occupiers, investors, or organizations seeking space in a Northern Ontario setting. All measurements and lot sizes are approximate. The brokerage and seller do not guarantee accuracy. Buyers to verify independently. (id:66811)

Financial sandbox

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Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$66K

Annual cash flow

$11K

Cash-on-cash

3.67%

DSCR

1.20

Going-in cap

6.64%

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

50,018

Households

22,862

Median income

$83,000

Median age

40.9

Daytime population

82,061

5-yr growth

4.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for . Henry ST, Gogama.

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.