Average square foot calculated using Size range provided by listing agent.
Description
An excellent investment opportunity: a centrally located 1-acre corner cul-de-sac lot with two Industrial Warehouse buildings. This property offers easy access to major arterial roads and is situated in a business-oriented neighbourhood. The building features a total of 24, 680 sq. Ft. Of leasable area, which includes 20, 852 sq. Ft. At grade, 2, 000 sq. Ft. Of second-floor offices, and 500 sq. Ft. Of mezzanine storage, along with a bonus area on the second floor. The property is zoned as I1 and comes with high ceilings, grade-level access, a bay door, 3-phase power, and ample parking. The currant net operating income offers a 5% cap rate on the asking price. (id:58753)Show Description