260 Centre St - Warehouse FOR SALE


Petrolia, ON N0N 1R0
$3,100,000 CAD
226-784-5350
260 Centre St, Petrolia, ON for Sale
$3,100,000 CAD
Warehouse - FOR SALE
1/21
null | Request Cap Rate

260 Centre St
Petrolia, ON N0N 1R0


HIGHLIGHTS

  • Large flat cleared fenced site, excellent laydown - exterior storage permitted
  • Three entrances to the property enabling great truck traffic circulation and
  • Building in good shape

OVERVIEW

The building is 50,829 square feet located on 14.4 acres in an industrial park area in Petrolia with frontage on Centre Street and Discovery Line. Ideally located close to international Highways and great visibility on corner lot. Petrolia/Lambton County has large industrial base of businesses and workforce. M1 zoning allows for many industrial and commercial uses. The exterior walls were recladded, insulated and a new steel roof was installed approximately 10years ago. Lease for solar panels under contract with a third-party providing income to the owner. There are five ground level loading bays. Plenty of room for parking large equipment, laydown areas, and easy turn around space. There is some variation in ceiling height from 12 ft to 20 ft. The building is masonry construction. There are five offices. Property for lease or for sale. Lease price is $5.00 plus $2.50 operating. Seller open to some vendor take back financing.

FOR SALE DETAILS

PRICE

$3,100,000 CAD

PRICE/SF

$61 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

Gas, Water, Sewer, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

14.4

LAND SF

627,264

ZONING

M1

APN/PARCEL ID

381900002018800

ASK ABOUT THIS PROPERTY

Lou LongoColdwell Banker Southwest RealtyMore Info
226-784-5350

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Lou LongoColdwell Banker Southwest RealtyMore Info
226-784-5350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.