Rare opportunity to acquire a freestanding industrial property with excess development land in Mount Forest, a market with extremely limited serviced industrial supply.


Property

Website:https://www.nestseekers.com/5438299
Address:
Wellington North N0G 2L1
Canada
Ownership: For Sale
Type: Unknown
Bathrooms: 2

Financials

Price:C4,299,000
($3,155,700)
(€2,690,600)
Annual Taxes:C18,992.95

Description

Rare opportunity to acquire a freestanding industrial property with excess development land in Mount Forest, a market with extremely limited serviced industrial supply. The 7.44-acre M1-zoned site includes a 20,130 sq. ft. single-storey industrial building with office and warehouse space, 600V 3-phase power, and three dock-level shipping doors (two 8'x8' and one 9'x9', all with levellers). The 2.08-acre building parcel will be leased back to the current occupant on terms to be negotiated, providing immediate income. The balance of the approximately 5.36 acres of surplus industrial land offers exceptional future development or expansion potential. An ideal opportunity for investors, developers, or end users seeking long-term upside in a supply-constrained industrial market.

Contact

505 Park Ave, New York, NY 10022