A great opportunity to acquire a premium, high visibility industrial asset situated on a prominent 2 acre corner lot in a highly sought after Scarborough employment hub.
| Website: | https://www.nestseekers.com/5651224 |
|---|---|
| Address: | Toronto E11 M1X 1M5 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Bathrooms: | 6 |
Financials
Price:C14,900,000
($10,571,400)
(€9,267,900)
Annual Taxes:C74,557
Description
A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a long-term tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement.
Amenities
- Major Highway
- Public Transit
Angelo Ferlisi 9 Queen Street Unit 7, Cookstown, Ontario Phone: +1 905-851-9099 |