Business For Sale · Industrial

4 - 610 BOWES ROAD, Vaughan (Concord)

4 - 610 BOWES ROAD, Vaughan (Concord), ON L4K4A4

Price on request

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Asset Class

Industrial

Size

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Building class

B

Zoning

IB — Industrial Business

$ / SF

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Occupancy

83%

Clear height

32 ft

Loading docks

1

About this property

Excellent Opportunity For A Small Business Or Entrepreneur Looking For A Versatile And Professionally Finished Commercial Space. Ideally Located With Convenient Access To Highways 7 And 407. The Unit Features approximately 2,500 sf, has Ample Electrical Power And Outlets, A Beautifully Finished Main-Floor Private Office, 3-Piece Bathroom With Shower, Kitchenette, And Flexible Showroom/Boardroom Area. Approximately 500 Sq. Ft. Of Finished Office Space On The Second Floor. Features Include An Oversized Drive-In Shipping Door, 19' Clear Height, And Convenient Parking At The Front Of The Unit And At The Rear By The Shipping Door. Mezzanine Space Is Included In The Total Square Footage. A Functional And Well-Appointed Space Ideal For A Variety Of Business Uses. 200 amps service (all information to be verified) *** no automotive or place of worship allowed as per property management (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

111,201

Households

47,569

Median income

$97,000

Median age

32

Daytime population

122,234

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 4 - 610 BOWES ROAD, Vaughan (Concord).

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.