


























1/28113376 GREY RD 3, West Grey, ON N4N3B8
$1.1M total
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IM — Medium Industrial
$ / SF
—
Occupancy
88%
Lot Size
10.75 ac
Clear height
34 ft
Loading docks
5
PRIME INDUSTRIAL / COMMERCIAL PROPERTY FOR SALE - WEST GREY, ONTARIO! Over 10 Acres of Opportunity with excellent M3-85 industrial zoning! Looking for the perfect location to grow your business, expand your operations, or invest in industrial real estate or even start up a sawmill? Situated on a paved road, just minutes from Hanover, this property offers excellent accessibility and functionality for a wide variety of commercial and industrial operations. Property highlights include over 10 acres of industrial-zoned land (M3-85), fenced and gated, controlled entrance for added security and privacy. Level gravel yard ideal for trailer parking, storage, staging, 40' x 100' open-span steel I-beam building with durable concrete floor and large 14' x 12' x 18' roll-up door. Additional 20' x 30' office/workshop area with concrete floors 12' x 9' roll-up door. Impressive list of permitted uses offering excellent business flexibility and low property taxes. Take advantage of the rural industrial setting with convenient access to Hanover and surrounding communities. Whether you're looking for transportation and logistics space, warehousing, industrial operations, equipment storage, sawmill or a location to establish your next business venture, this property deserves your attention. MAKE WEST GREY THE RIGHT MOVE FOR YOUR COMMERCIAL OR INDUSTRIAL NEEDS! Opportunities offering this much land, zoning flexibility, building space, and functionality are hard to find. make the move TODAY! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$61K
Annual cash flow
$2K
Cash-on-cash
0.47%
DSCR
1.03
Going-in cap
5.68%
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
129,547
Households
50,232
Median income
$112,000
Median age
31.5
Daytime population
158,678
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 113376 GREY RD 3, West Grey.
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.