Investment Opportunity! Perfectly located M2 Industrial Commercial property situated along the Highway 401 Corridor in Morrisburg's Industrial Park. Flat Lot, 150' x 232.12' This property boasts two large buildings, plenty of usable space and parking. Building one nets $21,600 yearly. 3100 sq. ft. including office, warehouse, mechanical bay. Building 2 is leased at $1500/month (month to month but would like to stay long term), 1800 sq. ft includes mezzanine office, 16' and 7' bay doors. Tenants pay all utilities. Propane heating, new Siding May 2019, Electrial 220. Vacant possession possible. 8.3% cap rate. . (id:2493)
Property Type:
Industrial
Transaction Type:
For sale
Zoning:
M2
Ownership Type:
Freehold
Community:
Morrisburg
Major Business Type:
Industrial
Minor Business Type:
Light industrial
Number of bathrooms:
0.0
Half Bathrooms:
0
Age:
15 years
Fireplace:
No
Heating Fuel:
Natural gas
Lot Frontage:
150'45.72 m
Lot Depth:
232'70.714 m
Acreage:
No
Lot Size:
150 ft X 232.12 ft
Lot Details:
150 ft X 232.12 ft
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1200 sq.ft., 12' ceiling, washroom to the right of 10' bay door, first hoist to the left.
Second hoist.
Reverse Osmosis system, plenty of natural light.
Entrance to warehouse to the left, office/boardroom straight ahead.
At Details Realty Inc., Brokerage, we will get your home SOLD!
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