REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$4,700,000
Est. payment /mo
16,451 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 16,451 sqft
Price per Sqft $285
Subdivision 302 - Aldershot Central
MLS® Listing ID 40672391
Originating Board Cornerstone - Hamilton-Burlington
Property Description
Introducing an exceptional opportunity to own and occupy a remarkable 1.27-acre site in Burlington, Ontario. This unique offering consists of three distinct standalone Service Commercial buildings. Building A 2,959 sq. ft., Building B 3,627 sq.ft, and Building C stands tall with an impressive 9,865 sq. ft.. All Tenants are on a month to month lease with 4 months notice to vacate.. Each building comes equipped with a separately metered hydro service, ensuring efficient power supply. This property is ideally suited for a company requiring ample outside parking/storage space, whether for separated operations on a single property or for an owner-user seeking future expansion. Moreover, the property's versatility extends even further, as it can potentially be converted into a industrial condominium in the future. Notable features of this property include automatic lawn irrigation and extensive blacktop coverage that is shared by the three buildings. Adding an extra layer of security, the entrance to the property is gated, providing peace of mind. Building A 200amp/240/ V. Building B 200 amp/240v, Building C 200amp/600v The GE2 Zoning designation allows for a wide range of uses for this property, making it an incredibly versatile investment opportunity for businesses of various types and industries. NET INCOME for 2024 is $233,000.00 (id:24570)
Location
State ON
Exterior
Garage No
Fence Fenced yard
Waterfront No
View Y/N No
Private Pool No
Building
Story 1
Sewer Municipal sewage system
Others
Ownership Freehold