258 PROSPECT Street, Brantford258 PROSPECT Street, Brantford — photo 2258 PROSPECT Street, Brantford — photo 3258 PROSPECT Street, Brantford — photo 4258 PROSPECT Street, Brantford — photo 5258 PROSPECT Street, Brantford — photo 6258 PROSPECT Street, Brantford — photo 7258 PROSPECT Street, Brantford — photo 8258 PROSPECT Street, Brantford — photo 9
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For Sale · Industrial

258 PROSPECT Street, Brantford

258 PROSPECT Street, Brantford, ON N0E1N0

$2.7M total

5,162 SF

Asset Class

Industrial

Size

5,162 SF

Building class

C

Zoning

IM — Medium Industrial

$ / SF

$523

Occupancy

83%

Lot Size

1.281 ac

Clear height

27 ft

Loading docks

10

About this property

Rare 5,162 SF freestanding industrial building on 1.28 acres, with a fully gravelled rear yard featuring excess land. Excellent curb appeal on a clean, well-maintained property. Approx. 1,000 SF of nicely finished office space, recently upgraded with new flooring and fully renovated washrooms and kitchen. Immaculate warehouse/shop area with clear height of approx. 15'-7 and two 14' drive-in doors. Rooftop solar panels included with the property, offsetting monthly hydro costs. M3 zoning permits a wide range of uses including auto repair, body shop, warehousing, manufacturing, and transport/truck terminal, truck repair, among others. Rarely seen in this size range with drive-in access and expansion room. Excellent access to Highway 403 (under 15 min), Highway 401 (25 min), Cambridge (15 min), and Brantford (17 min). (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.70M
Down payment30% · $810K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$143K

Annual cash flow

$-6K

Cash-on-cash

-0.77%

DSCR

0.96

Going-in cap

5.31%

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.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics1,626 SF2030-04
Vector Robotics2,643 SF2030-04

Area demographics

Trade area within 3 miles of the property.

Population

142,742

Households

57,678

Median income

$84,000

Median age

44.6

Daytime population

242,400

5-yr growth

4.5%

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

Secure deal room

Confidential diligence documents for 258 PROSPECT Street, Brantford.

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.