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Industrial Property For Sale at 425 MELAIR Drive in Ayr, Ontario

4 Sale ID #235275
Updated 17 Jul 2024

Asking Price

$13,000,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

Lot Size

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Building Size

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Premise Summary

Excellent Opportunity for a group to own or lease a 13,328 square foot industrial/vehicle service building on 11.14 acres. The property is fully fenced with secure, mechanical gates along with lighting throughout the site, weight scale and fuel station. Z11 zoning allows for many uses including transportation operations, service & repair enterprise, trucking terminal, sales and servicing of motor vehicles & machinery, boat, bus & trailer display, service and storage among many others. This property is located minutes from Highway 401 with easy drivability to access points. (id:39198)

  • MLS® : #40582753
  • Date Listed : 06 May 2024

Location

Province

Ontario

City

Ayr

Address

425 Melair Drive

Postal Code

N0B1E9

Location Highlights

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Listed by

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP Ontario listing

Category

industrial-properties

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

N/A

Building Size

13,328

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$13,000,000

Asking Price

$13,000,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

N/A

Gross Revenue- annual

N/A

Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

13,328

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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