For Sale · Industrial

3 - 2155 18TH AVENUE E, Owen Sound

3 - 2155 18TH AVENUE E, Owen Sound, ON N4K2R1

Price on request

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Asset Class

Industrial

Size

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Building class

C

Zoning

IB — Industrial Business

$ / SF

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Occupancy

82%

Lot Size

1250 ac

Clear height

34 ft

Loading docks

7

About this property

Looking to take your business to the next level? This versatile 1,250 sq. ft. industrial unit offers the perfect opportunity for entrepreneurs ready to graduate from the garage, tradespeople seeking a professional workspace, or hobbyists looking for a secure home for their toys. Featuring a 10' overhead door, private washroom, and an open-concept layout ready to suit a wide range of uses, the possibilities are nearly endless. Equipped with natural gas overhead heat and air conditioning for year-round comfort, this clean, functional space is ready for your next chapter. Whether you're launching, expanding, or simply need room to grow, this is a fantastic opportunity in Owen Sound's Industrial Park. Storage room on floor plan is a bathroom. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$66K

Annual cash flow

$-17K

Cash-on-cash

-3.83%

DSCR

0.79

Going-in cap

4.39%

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

50,342

Households

19,164

Median income

$120,000

Median age

31.7

Daytime population

43,303

5-yr growth

0.9%

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

Secure deal room

Confidential diligence documents for 3 - 2155 18TH AVENUE E, Owen Sound.

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.