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$999,999 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
94%
Year Built
1971
Lot Size
5.2 ac
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)
Adjust the deal assumptions — returns recalculate instantly.
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.
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.
Confidential diligence documents for . Henry ST, Gogama.
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.