Business For Sale · Industrial

33 Main STREET West, Ridgetown

33 Main STREET West, Ridgetown, ON N0P2C0

Price on request

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Asset Class

Industrial

Size

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Building class

A

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

95%

Year Built

1867

Clear height

31 ft

Loading docks

4

About this property

Main Street storefront in beautiful Ridgetown! Great location for an office, retail, cafe or service business. The space offers a large front room with a handsome exposed brick wall and a restored tin tile ceiling. There is also a small storage room in the back, a 2pc employee bathroom and a storage nook in the front. $800/month, taxes and utilities included. Call for more info today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

58,329

Households

24,387

Median income

$91,500

Median age

45.5

Daytime population

84,202

5-yr growth

4.8%

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

Secure deal room

Confidential diligence documents for 33 Main STREET West, Ridgetown.

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.