Business For Sale · Land

649 BUCHNER ROAD, Welland (Cooks Mills)

649 BUCHNER ROAD, Welland (Cooks Mills), ON L3B5N4

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

102 ac

About this property

Exceptional opportunity to lease all or part of approximately 102 acres in a strategic Welland location. Flexible leasing options available, from smaller portions to the entire property, with the ability to accommodate multiple tenants. Approximately 73 acres of flat, productive farmland with extensive frontage and exposure along Buchner Rd, Doan's Ridge Rd & Ridge Rd. Excellent access to Hwy 140 & 406 and minutes to Welland, Niagara College and the growing Niagara employment and industrial corridor. Ideal for agricultural operations, greenhouses, nursery uses and other permitted uses. Landlord is open to considering a wide range of potential uses including contractor yards, outdoor storage, recreational or sports-related operations, equipment/vehicle storage and other business uses, subject to zoning and required municipal approvals. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

136,842

Households

48,470

Median income

$109,500

Median age

35.9

Daytime population

172,656

5-yr growth

6.5%

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

Secure deal room

Confidential diligence documents for 649 BUCHNER ROAD, Welland (Cooks Mills).

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.