1/1062 ALBERT STREET, Strathroy-Caradoc (NW)
62 ALBERT STREET, Strathroy-Caradoc (NW), ON N7G1V5
$897,000 total
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Asset Class
Industrial
Size
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Building class
C
Zoning
IL — Light Industrial
$ / SF
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Occupancy
89%
Clear height
34 ft
Loading docks
13
About this property
A unique opportunity in Downtown Strathroy, this 0.59-acre property with approximately 12,000 sq. ft. of production space offers excellent potential as a flour mill, grain mill, or brewery. The site includes a mill with a capacity of roughly 100 tons of flour per day, four silos (1,350 tons each), six transitional silos, and two large storage/warehouse buildings leased from CN Railway. The sale includes the real estate and existing flour mill equipment, with brewery equipment available for purchase separately, allowing buyers the flexibility to revive milling operations, expand into brewing or distilling, or adapt the facility to suit their business vision. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$49K
Annual cash flow
$-339
Cash-on-cash
-0.13%
DSCR
0.99
Going-in cap
5.50%
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
92,176
Households
39,511
Median income
$81,000
Median age
45.7
Daytime population
137,806
5-yr growth
9.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 62 ALBERT STREET, Strathroy-Caradoc (NW).
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.