Business For Sale · Industrial

1464 CRUMLIN SIDE ROAD, London East (East A)

1464 CRUMLIN SIDE ROAD, London East (East A), ON N5V1S1

$2.7M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

97%

Lot Size

3.46 ac

Clear height

35 ft

Loading docks

6

About this property

Great opportunity to purchase this industrial building with 3.46 acres in a great location for east access to highway and airport. The property's H108-LI1 zoning provides flexibility for a broad range of potential commercial, light industrial, manufacturing, warehousing and service-related uses, making this an attractive option for both established businesses and growing companies. The combination of substantial warehouse space and dedicated office area provides an efficient layout for businesses requiring their administrative, operational, manufacturing and storage functions under one roof. LI1 zoning permits a variety of uses, including manufacturing and assembly industries, warehouse and wholesale establishments, laboratories, research and development establishments, business services, office support, custom and artisan workshops, services trades and other permitted uses. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.69M
Down payment30% · $807K
Interest rate6.25%
Amortization25 years
Occupancy97%
Expense growth2.5%

Monthly debt service

$12K

Projected NOI

$129K

Annual cash flow

$-20K

Cash-on-cash

-2.53%

DSCR

0.86

Going-in cap

4.78%

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

143,681

Households

50,641

Median income

$80,000

Median age

42.9

Daytime population

214,774

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 1464 CRUMLIN SIDE ROAD, London East (East A).

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.