Business For Sale · Industrial

0 BIRCHS ROAD, North Bay (Ferris)

0 BIRCHS ROAD, North Bay (Ferris), ON P1B8Z4

$1.2M total

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Asset Class

Industrial

Size

—

Building class

A

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

82%

Lot Size

3.21 ac

Clear height

36 ft

Loading docks

4

About this property

Welcome to 0 Birchs Rd ( Lot#3) This newly severed 3.21 Acre Lot Nestled in the heart of North Bay's West End Industrial Park. Features Include: M2 Zoning with Multiple Uses, Minutes from Hwy 11, New Rec Centre plus so much more. Water and Sewers have been roughed in for easy connection. Gas and Hydro are also available. This turn key lot is surrounded by approximately 12 plus acres of beautiful forest . The driveway and culvert have also been completed. Don't miss out on the this unique opportunity to own and expand your existing business and/or start a new one in one of North Bays Sought after one of a kind area's. The feel of country in a unique and upscale environment. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.22M
Down payment30% · $365K
Interest rate6.25%
Amortization25 years
Occupancy82%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$59K

Annual cash flow

$-8K

Cash-on-cash

-2.19%

DSCR

0.88

Going-in cap

4.89%

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

112,297

Households

41,863

Median income

$72,000

Median age

39.3

Daytime population

163,597

5-yr growth

7.8%

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

Secure deal room

Confidential diligence documents for 0 BIRCHS ROAD, North Bay (Ferris).

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.