For Sale · Industrial

Unknown

Unknown, ON

$1.3M total

5,580 SF

Asset Class

Industrial

Size

5,580 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$224

Occupancy

84%

Lot Size

0.501 ac

Clear height

23 ft

Loading docks

8

About this property

Position your portfolio for long-term stability with this well-maintained self-storage facility in the City of Orillia. Offering 43 rentable storage units in a variety of sizes, the property has demonstrated historically high occupancy rates, providing dependable income potential in a market with ongoing demand for storage solutions.A standout feature is the large heated unit with its own washroom, creating exceptional flexibility for an owner-operator. Ideal for a contractor, tradesperson, service business, distributor, or small business requiring workspace and storage, this unit allows an owner to operate from the property while generating rental income from the remaining storage units. Alternatively, investors can lease the entire facility to maximize income and benefit from a straightforward, low-maintenance investment.The property has been well cared for and presents professionally, helping to attract and retain tenants while minimizing immediate capital requirements. With multiple unit sizes serving a broad customer base, established rental demand, and opportunities for future income growth, this is an excellent opportunity for investors seeking reliable cash flow or business owners looking to combine their own operational space with an income-producing asset.A rare opportunity to acquire a proven commercial investment with both owner-occupier and pure investment appeal in one of Central Ontario's growing markets. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.25M
Down payment30% · $375K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$57K

Annual cash flow

$-12K

Cash-on-cash

-3.21%

DSCR

0.83

Going-in cap

4.58%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics2,026 SF2034-03
Northbridge Logistics1,143 SF2034-03
Northbridge Logistics1,502 SF2034-03

Area demographics

Trade area within 3 miles of the property.

Population

83,928

Households

37,728

Median income

$120,500

Median age

36

Daytime population

83,573

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for Unknown.

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.