Business For Sale · Industrial

18 - 11 PATTERSON ROAD, Barrie (400 North)

18 - 11 PATTERSON ROAD, Barrie (400 North), ON L4N7W5

$595,000 total

—

Asset Class

Industrial

Size

—

Building class

B

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

87%

Clear height

23 ft

Loading docks

8

About this property

This turn-key industrial condo in Barrie offers a total of 1,940 sf of usable space, combining a 1,540 sf ground floor with a 400 sf mezzanine. Strategically located in the center of Barrie, this property features highly sought-after industrial specifications and a flexible Highway Industrial (SP-135) zoning designation, making it an excellent opportunity for a business looking to scale or relocate. Warehouse Clear Height: 19 feet of vertical clearance, maximizing racking capacity. Unit heater in warehouse. Loading Access: One 12' x 10' drive-in door suitable for commercial vehicles. Modernized office area with high-end finishes. Electrical Supply: 60 Amp, 600 Volt power infrastructure. Close to Hwy 400 access, restaurants, shopping etc. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$595K
Down payment30% · $179K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$26K

Annual cash flow

$-6K

Cash-on-cash

-3.63%

DSCR

0.80

Going-in cap

4.45%

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

139,716

Households

64,863

Median income

$65,000

Median age

35.8

Daytime population

152,780

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 18 - 11 PATTERSON ROAD, Barrie (400 North).

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.