425 Enfield Rd - Warehouse FOR SALE


Burlington, ON L7T 2X5
$4,700,000 CAD
905-973-0666
425 Enfield Rd, Burlington, ON for Sale
$4,700,000 CAD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

425 Enfield Rd
Burlington, ON L7T 2X5


OVERVIEW

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 month-to-month leases. However, there is tremendous potential for new term leases, as all tenants have expressed their willingness to consider staying at market rates, subject to mutually agreeable terms and conditions. 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 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.

FOR SALE DETAILS

PRICE

$4,700,000 CAD

PRICE/SF

$469 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

10

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

GE-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Scott OverellMartel Commercial Realty Inc., BrokerageMore Info
905-973-0666

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Scott OverellMartel Commercial Realty Inc., BrokerageMore Info
905-973-0666

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