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For Sale · Industrial

239 ONTARIO STREET, Sarnia

239 ONTARIO STREET, Sarnia, ON N7T1L6

$399,000 total

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

87%

Clear height

19 ft

Loading docks

4

About this property

Wonderfully maintained and stylishly updated this centrally located freestanding office building could unlock the next level of growth for your business! With on-site paved parking for 8, inside is laid out with reception, board room, 7 offices and 1 washroom. This building has been updated inside and out over the past few years including flooring and windows ’18; roof shingles ’19; furnace & central air ’20; flat roof ’24; new rear fencing ’26. UR2-32 zoning allows for offices, personal services and orthopaedic supply sales. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$399K
Down payment30% · $120K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$18K

Annual cash flow

$-4K

Cash-on-cash

-3.05%

DSCR

0.84

Going-in cap

4.63%

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

139,434

Households

50,766

Median income

$127,000

Median age

34.3

Daytime population

134,034

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 239 ONTARIO STREET, Sarnia.

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.