Industrial Commercial Building for Sale

MLS# H4093406 Price: $1,749,900


High Efficiency gas furnace w/Central Air for the office areas. Recent renovations & improvements all in 2020 include: newly paved & lined parking area for 24 cars & for transport truck delivery to loading Bay doors. New offices created plus kitchen & reception area. New flooring throughout the approximate 1747sq ft of office area. Newer flat roof over the front office area. There are 4 Bay doors in total 14'X14', two 14'X12' & 12'X12'. 2 New 10 year leases in place as of November 1, 2020. There are engineered drawings for the construction of a 3200 Sq ft additional bldg. Note: Front office & front warehouse Lease starts @ $76,000.00/a NetNetNet & back warehouse Lease starts @ $7200.00/a NetNetNet totaling $83,200.00/a. There are increments over the 10 year leases. Cap rate is 4.75%

What's your Walk Score? 11 Car-Dependent

Property Details: 1335 OSPREY Drive (near SANDHILL DRIVE )
Listing# 34712


Location

Address 1335 OSPREY Drive
City Ancaster
Cross Streets SANDHILL DRIVE
District Ancaster (42)
Neighbourhood Southcote / Duff's Cors (428)
Listing Agents Harry Mancini / Christine Bellavia

Description

Sub Type Industrial Price $ 1,749,900
Lease Rate Per For Sale Approx. Age 31-50 Years
LotSize IRREGULAR SEE SURVEY Location Ancaster
Heating Gas Forced Air Open
Radiant
Space Heater(s)
Square Footage 9062

Quick Contact


Notice! Information contained herein has been obtained from sources deemed reliable. While we have no reason to doubt its accuracy we regret that we cannot guarantee it. All information subject to change and/or withdrawal without notice.

David and Ann Ryan, Sales Representatives
Office: 905-632-2199 | Direct: 905-407-4353 | info@ryanshomes.ca

RE/MAX Escarpment Realty Inc., Brokerage | 4121 Fairview St, Burlington, Ontario L7L 2A4, Canada

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