Business For Sale · Industrial

3 - 561 ST-PHILIPPE STREET, Alfred and Plantagenet

3 - 561 ST-PHILIPPE STREET, Alfred and Plantagenet, ON K0B1A0

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

83%

Lot Size

724 ac

Clear height

23 ft

Loading docks

2

About this property

Unleash your business's potential with this prime 724 square foot freestanding industrial warehouse space in Alfred, ON, available for just $795 per month! Perfectly positioned fronting directly on Highway 17 (St-Philippe St), this unit is an absolute dream for landscapers, local contractors, hobbyists, e-commerce distributors, or tradespeople needing secure vehicle, equipment, or supply storage. Boasting an impressive 12-foot clear ceiling height and a highly convenient grade-level shipping door, loading and unloading your gear is an absolute breeze! The thermally insulated building comes fully equipped with a robust 200A electrical panel, ten 15A receptacles, one 50A 240V receptacle, and abundant flush-mount lighting to keep your workspace bright and productive. Plus, you can take advantage of the two rough-lumber storage rooms built into the rear, the option to easily install an electric heater, and bonus outdoor space at absolutely no extra charge! Zoned Community Core and offering flexible 12 to 36-month lease terms, this space is incredibly adaptable and ready for your unique operational vision. Don't miss out on securing this incredible, versatile commercial workspace to elevate your business today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

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

98,075

Households

37,840

Median income

$77,000

Median age

38.1

Daytime population

150,884

5-yr growth

5.5%

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

Secure deal room

Confidential diligence documents for 3 - 561 ST-PHILIPPE STREET, Alfred and Plantagenet.

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.