348 Birchs Rd - Industrial FOR SALE


North Bay, ON P1A 4A9
$4,199,000 CAD
705-805-7933
348 Birchs Rd, North Bay, ON for Sale
$4,199,000 CAD
Industrial - FOR SALE
1/51
null | Request Cap Rate

348 Birchs Rd
North Bay, ON P1A 4A9


HIGHLIGHTS

  • Located on almost 18 acres of lane
  • 11,000 SF of office space, 33,000SF of warehouse space
  • 10 transport loading docks with levelers

OVERVIEW

This Industrial investment opportunity is ideally situated just off Highway 11 in North Bay, ON. Just south of the Highway 11/17 bypass and close to the new Cascades Casino, this site is on Birch's Rd across from the new Access Storage facility. The land and building are currently owner-occupied, with a portion of the shop and warehouse areas currently leased and having flexible Lease terms or termination options. A new owner could occupy space or expand on existing tenancies to make this a stable long-term cash flow investment in a very tight Industrial Market. The property is zoned M2 which allows for a wide range of permitted uses including all Industrial class 1 and 2 uses. Close to 18 acres of land (per MPAC), with approx. half of that being excess land for future development with multiple entrances to the property. Main building is approx. 34,400 sq.ft with over 11,000 sq.ft of well-appointed two storey office space and the remainder being a large warehouse/shop space with a total of 10 transport loading docks with levelers, 8 x 14' overhead doors, and 2 x 16' overhead doors. 12,000 sq.ft of the shop area has approx. 35' clear height and access to 10 ton crane-way. Includes steel storage building (4,150 sq.ft), secure fenced-in yard area, cross-docking and trailer storage space. Located in a strategic industrial development area, and qualifying for the City of North Bay's Growth Community Improvement Plan incentives.

FOR SALE DETAILS

PRICE

$4,199,000 CAD

PRICE/SF

$111 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

UTILITIES

-

CLEAR CEILING HT

35 Ft

DOCKS

10

DRIVE INS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

18

LAND SF

784,080

ZONING

M2

APN/PARCEL ID

484404006308100

ASK ABOUT THIS PROPERTY

Chris TammiMallette GoringMore Info
705-805-7933

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

Chris TammiMallette GoringMore Info
705-805-7933

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