Acreage
$1,000,000
INVESTMENT OPPORTUNITY! 10,000 sq.ft fully leased multi-tenanted investment property with solid existing tenant leases in place. This building is located in Cornwall's West End light manufacturing /industrial park with full municipal services, lots of onsite parking with 1 doc level door and 4 other drive-in garage doors. Asking price based on a 5.45% capitalization rate established with existing I/E statement information provided by the seller. Mostly long term solid tenants. Looking for an easy to maintain investment property priced at $100/sq.ft. based on 10,000 sq.ft. and situated on 1.64 acres of land. NOTE: Owner installed an new flat roofing systems within the last 4-5 years and has a Phase II Environmental Assessment available that was completed in 2019 for this property. Seller(s) requests 1 business day to deal with any and all offers. (id:37742)
Business
Business Type
|
Industrial |
Business Sub Type
|
Light industrial |
Property Details
MLS® Number
|
1270600 |
Property Type
|
Industrial |
Neigbourhood
|
Cornwall Westend Industrial |
Parking Space Total
|
15 |
Building
Constructed Date
|
1960 |
Heating Fuel
|
Natural Gas |
Utility Power
|
Three Phase |
Land
Acreage
|
Yes |
Size Depth
|
330 Ft |
Size Frontage
|
219 Ft |
Size Irregular
|
1.65 |
Size Total
|
1.65 Ac |
Size Total Text
|
1.65 Ac |
Zoning Description
|
Manufacturing |
https://www.realtor.ca/real-estate/23823121/24-26-blackadder-drive-cornwall-cornwall-westend-industrial