Business For Sale · Industrial

10417 FRONT LINE, Blenheim

10417 FRONT LINE, Blenheim, ON N0P1A0

$639,999 total

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Asset Class

Industrial

Size

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Building class

B

Zoning

IL — Light Industrial

$ / SF

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Occupancy

96%

Clear height

22 ft

Loading docks

8

About this property

FREESTANDING 16,900 SQ FT BUILDING ON 2.741 ACRES. LEASING AT $8.00 SQ FT. 4 OFFICES, 3 COOLERS, ICE ROOM AND A BOARD ROOM/KITCHEN. 2 DOCK LEVEL DOORS AND 1 GRADE LEVEL DOOR. GREAT OPPORTUNITY FOR AN OWNER OPERATOR, TRUCKING YARD, WAREHOUSE, TRADESMAN SHOP OR AN INVESTOR! PLEASE CONTACT US FOR MORE DETAILS! NOTE: PRESENT ZONING IS A1. THE MUNICIPALITY HAS INDICATED THAT THEY ARE FAVOURABLE TO ANY REZONING (INDUSTRIAL) (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$640K
Down payment30% · $192K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$31K

Annual cash flow

$-4K

Cash-on-cash

-2.09%

DSCR

0.89

Going-in cap

4.92%

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

89,123

Households

41,883

Median income

$97,500

Median age

31.4

Daytime population

141,418

5-yr growth

5.6%

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

Secure deal room

Confidential diligence documents for 10417 FRONT LINE, Blenheim.

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.