2 Bathroom
4,000 sqft
Fully Air Conditioned
Coil Fan
$1,699,000
Carefree Investment Offering Over $100,000 Triple Net Income "Per Year" (Approx. 6.0% CAP Rate) For The Next 3 Years Plus A 5 Year Option. Strong Tenant W/ Multiple Locations Secures A Piece Of Mind Investment Property To Start Or Add To Any Real Estate Portfolio. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Advanced Security System With Multiple Camaras Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. 3200 Sq. Ft. Facility on Main Floor Plus 800 Sq. Ft. Mezzanine Offering; Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. No Expense Was Spared Building This State Of The Art Health Canada Approved Facility. Situated On A 0.54 Acre Fully Serviced Reverse Pie Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Building Can Also Be Expanded To Cover 70% Of Lot Area As Per Zoning. (id:63476)
Property Details
|
MLS® Number |
X12463369 |
|
Property Type |
Industrial |
|
Community Name |
Tillsonburg |
Building
|
Bathroom Total |
2 |
|
Cooling Type |
Fully Air Conditioned |
|
Heating Type |
Coil Fan |
|
Size Interior |
4,000 Sqft |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
321 Ft |
|
Size Frontage |
180 Ft |
|
Size Irregular |
180 X 321 Ft ; Reverse Pie. 216 Ft Depth West Side |
|
Size Total Text |
180 X 321 Ft ; Reverse Pie. 216 Ft Depth West Side |
|
Zoning Description |
Mg (general Industrial) |