Business For Sale · Industrial

6343 HIGHWAY 35, Kawartha Lakes (Somerville)

6343 HIGHWAY 35, Kawartha Lakes (Somerville), ON K0M1K0

$350,000 total

—

Asset Class

Industrial

Size

—

Building class

A

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

94%

Lot Size

1.01 ac

Clear height

20 ft

Loading docks

9

About this property

Prime one-acre industrial lot with numerous commercial uses available. Located on a high-traffic street offering excellent visibility for your business. This property includes an office on site with essential services, making it an ideal location for various industrial and commercial ventures. Don't miss this exceptional opportunity to establish your business in a thriving area with great potential! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$350K
Down payment30% · $105K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$99

Cash-on-cash

0.09%

DSCR

1.01

Going-in cap

5.57%

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

97,859

Households

35,874

Median income

$130,000

Median age

38.7

Daytime population

134,037

5-yr growth

7.7%

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

Secure deal room

Confidential diligence documents for 6343 HIGHWAY 35, Kawartha Lakes (Somerville).

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.