RE/MAX Escarpment Realty Inc., Brokerage RE/MAX Escarpment Realty Inc., Brokerage
Each Office Independently Owned and Operated

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# 36906


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

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