For Sale · Industrial

348 BIRCHS ROAD, North Bay (Ferris)

348 BIRCHS ROAD, North Bay (Ferris), ON P1A4A9

$3.8M total

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Asset Class

Industrial

Size

—

Building class

C

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

98%

Lot Size

17 ac

Clear height

34 ft

Loading docks

6

About this property

Approximately 37,700 sq. ft. of versatile industrial space offering an excellent combination of warehouse, shop, and office areas. This bright, well-designed, two-level building features abundant natural light and a functional layout suited to a variety of business operations. Situated on a spacious 17A lot, the property offers 10 transport loading docks with levelers, multiple drive-in and drive through bays, ample parking for cars, trucks, and trailers, along with excellent visibility in a high-profile industrial park location. An additional detached 4,150 sq. ft. steel garage provides valuable extra space, while the shop area features impressive 35-foot ceiling heights to accommodate a range of operational needs. Conveniently located just off Highway 11 South, the property offers excellent accessibility, prominent signage opportunities, and strong exposure for businesses looking to establish or expand their presence. Ideal for transportation, automotive, logistics, contracting, and a variety of other industrial uses, this property presents an outstanding opportunity for businesses seeking a well-located facility with flexible space to support their operations and future growth. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3.80M
Down payment30% · $1.14M
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$18K

Projected NOI

$189K

Annual cash flow

$-22K

Cash-on-cash

-1.90%

DSCR

0.90

Going-in cap

4.97%

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

109,776

Households

40,223

Median income

$85,000

Median age

43.9

Daytime population

170,227

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 348 BIRCHS ROAD, North Bay (Ferris).

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.