For Sale · Industrial

583 MAIN STREET E, Milton (DP Dorset Park)

583 MAIN STREET E, Milton (DP Dorset Park), ON L9T3J2

Price on request

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

95%

Lot Size

1.003 ac

Clear height

19 ft

Loading docks

5

About this property

A rare chance to lease a fully functional industrial building with the kind of outdoor storage space that's nearly impossible to find in an established urban area. This 3,200 SF freestanding building sits on a generous 1.003-acre site with an expansive paved-and-gravel yard - perfect for contractors, trades, or service-commercial operators who need room to store equipment, vehicles, or materials on-site. Built in 2001, the building offers 20 ft clear height and 3 at-grade roll-up doors, plus 640 SF of office space and 3 washrooms (one with shower).Minutes to Highway 401 and just 670 m from Milton GO Station with direct rail service to Toronto's Union Station. Zoned UGC-MU-H, within Milton's Central Business District and the Milton GO Protected Major Transit Station Area. Flexible terms available. Bring your operation to one of the GTA's fastest-growing municipalities. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

72,926

Households

25,673

Median income

$107,500

Median age

35.9

Daytime population

68,464

5-yr growth

7.2%

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

Secure deal room

Confidential diligence documents for 583 MAIN STREET E, Milton (DP Dorset Park).

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.