For Sale · Industrial

238 MACEWAN STREET, Chatham-Kent (Bothwell)

238 MACEWAN STREET, Chatham-Kent (Bothwell), ON N0P1C0

$499,900 total

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Asset Class

Industrial

Size

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Building class

A

Zoning

IB — Industrial Business

$ / SF

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Occupancy

93%

Lot Size

5.45 ac

Clear height

29 ft

Loading docks

4

About this property

Opportunity knocks! Excellent 5+ acres with large buildings suitable for many businesses or storage. Buildings have tremendous value, but require some electrical and services work to be fully operational again. Access to the 401 is nearby and the charm of a wonderful small town is just around the corner. Bring your plans to life with an investment that is hard to top! Over 6,000sqft of space with the ceiling height to fit just about any use. Take a tour and evaluate for yourself! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$28K

Annual cash flow

$429

Cash-on-cash

0.29%

DSCR

1.02

Going-in cap

5.63%

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

127,074

Households

52,623

Median income

$69,500

Median age

38.6

Daytime population

125,309

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for 238 MACEWAN STREET, Chatham-Kent (Bothwell).

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.