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$ 1,350,000
Est. payment | /mo
11,286 SqFt
$ 1,350,000
Est. payment | /mo
11,286 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 11,286 sqft
Price per Sqft $119
Subdivision Warwick
MLS® Listing ID 40690092
Originating Board Cornerstone - Hamilton-Burlington
Property Sub-Type Freehold
Property Description
This prime commercial property spans an impressive 5 acres and features two expansive warehouses, totaling over 10,000 square feet of versatile space. The first warehouse, over 7,000 square feet, includes well-designed office space. The lease just ended and is currently vacant, offering an excellent opportunity for new tenants or direct business use. The second warehouse, measuring 3,400 square feet, is fully leased, providing immediate and stable rental income. Its highway commercial zoning allows for a variety of business applications, making it an ideal investment for diverse commercial endeavors. Moreover, this property holds significant potential for future development. A site plan for a gas station and truck stop is currently in progress, and can be completed if the buyer is interested, adding tremendous value and possibilities. The strategic location of the property, right on Highway 402, ensures high visibility and accessibility, just 25 minutes from the US border at Sarnia. This proximity to a major international crossing amplifies the property's appeal for retail, logistics, warehousing, motel/hotel and truck stop/Gas station. Whether you are looking to expand your investment portfolio or seeking a strategic location for your business operations, this property offers substantial potential. Its current income-generating capability, combined with the opportunity for future development, makes it a standout choice for discerning investors and developers. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Septic System
Others
Ownership Freehold
Listed by RE/MAX Escarpment Frank Realty
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