327 ONTARIO STREET, Sarnia327 ONTARIO STREET, Sarnia — photo 2327 ONTARIO STREET, Sarnia — photo 3327 ONTARIO STREET, Sarnia — photo 4327 ONTARIO STREET, Sarnia — photo 5327 ONTARIO STREET, Sarnia — photo 6327 ONTARIO STREET, Sarnia — photo 7327 ONTARIO STREET, Sarnia — photo 8327 ONTARIO STREET, Sarnia — photo 9327 ONTARIO STREET, Sarnia — photo 10327 ONTARIO STREET, Sarnia — photo 11327 ONTARIO STREET, Sarnia — photo 12327 ONTARIO STREET, Sarnia — photo 13327 ONTARIO STREET, Sarnia — photo 14327 ONTARIO STREET, Sarnia — photo 15327 ONTARIO STREET, Sarnia — photo 16327 ONTARIO STREET, Sarnia — photo 17327 ONTARIO STREET, Sarnia — photo 18327 ONTARIO STREET, Sarnia — photo 19327 ONTARIO STREET, Sarnia — photo 20327 ONTARIO STREET, Sarnia — photo 21327 ONTARIO STREET, Sarnia — photo 22327 ONTARIO STREET, Sarnia — photo 23327 ONTARIO STREET, Sarnia — photo 24327 ONTARIO STREET, Sarnia — photo 25327 ONTARIO STREET, Sarnia — photo 26327 ONTARIO STREET, Sarnia — photo 27327 ONTARIO STREET, Sarnia — photo 28327 ONTARIO STREET, Sarnia — photo 29327 ONTARIO STREET, Sarnia — photo 30327 ONTARIO STREET, Sarnia — photo 31327 ONTARIO STREET, Sarnia — photo 32
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Business For Sale · Industrial

327 ONTARIO STREET, Sarnia

327 ONTARIO STREET, Sarnia, ON N7T1M1

$279,900 total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

98%

Year Built

1940

Clear height

21 ft

Loading docks

7

About this property

RESIDENTIAL/COMMERCIAL MIX PROPERTY FOR SALE. LOCATED ON THE CORNER OF PALMERSTON AND ONTARIO ST THE COMMERCIAL SPACE HAS GOOD EXPOSURE. CONSISTING OF A TOTAL OF APPROX. 1000 SQFT THE SPACE CAN ALSO BE DIVIDED INTO 2 SEPARATE UNITS. THE 2 BEDROOM RESIDENTIAL UNIT HAS ITS ENTRANCE OFF OF PALMERSTON. THIS PROPERTY IS ADJACENT TO THE REVITALIZED TECUMSEH PARK AND STAN SLACK PARK AND BASEBALL FACILITY. GC1 ZONING ALLOWS FOR MANY USES INCLUDING AIRBNB. PLENTY OF ONSITE PARKING. ALL UNITS ARE CURRENTLY VACANT. PLEASE CONTACT THE LISTING REALTORS FOR SHOWINGS. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$280K
Down payment30% · $84K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$17K

Annual cash flow

$2K

Cash-on-cash

1.81%

DSCR

1.10

Going-in cap

6.08%

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

128,076

Households

56,073

Median income

$83,500

Median age

44.2

Daytime population

215,508

5-yr growth

2.8%

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

Secure deal room

Confidential diligence documents for 327 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.