866 PHILLIP STREET, Sarnia, Ontario, N7T1Z6

Property Description

AN EXCEPTIONAL INVESTMENT OPPORTUNITY TO ACQUIRE A CLEAN & WELL MAINTAINED 16,000 SQ FT COMMERCIAL / INDUSTRIAL PLAZA, SITUATED ON A SPACIOUS 0.8 ACRE LOT IN ONE OF SARNIA'S BUSY & PRIME INDUSTRIAL AREAS LOCATED OFF CONFEDERATION STREET. THE PLAZA CONTAINS 85% INDUSTRIAL WAREHOUSE WITH 15% OFFICE SPACE AND CEILING HEIGHT OF 16 FEET. ALL FULLY TENANTED OCCUPIED UNITS WITH EACH HAVING A GRADE LEVEL OVERHEAD BAY DOOR & SEPARATELY METERED. THE PLAZA CONSISTS OF LONG TERM TENANTS IN THE: COATINGS, ELECTRICAL, GAS & CONSTRUCTION SECTORS. RECENT UPGRADES INCLUDE: ALL NEW EXTERIOR SIDING & FASCIA, SEPARATED ELECTRICAL UNIT UPGRADES, LED LIGHTING, CONCRETE, WAREHOUSE HEATERS, INSTALLATION OF LIGHTING OUTDOOR PARKING LOT & SECURITY CAMERAS. CONVENIENT ON SITE PAVED PARKING LOT & NEARBY ACCESS TO THE CHEMICAL VALLEY & HWY. 402. WITH A FAVOURABLE (IL-1) LIGHT INDUSTRIAL ZONING ENSURES THAT THIS PROPERTY REPRESENTS A COMPELLING INVESTMENT OPPORTUNITY FOR THOSE LOOKING TO EXPAND THEIR PORTFOLIO. (id:64974)

Quick Facts

• Property Type: Multi-Tenant Industrial
• Bedrooms: None
• Bathrooms: None
• Living Area: 16,000 sq ft (1,486.4 m²)
• Lot Size: 0.8000 acres (0.32 ha)

Costs

• Annual Taxes: $28,502.73

Listing Provided by: RE/MAX METROPOLIS REALTY
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.