545 Main St W - Industrial FOR SALE


Grimsby, ON L3M 1T7
$3,290,000 CAD
416-588-6919
545 Main St W, Grimsby, ON for Sale
$3,290,000 CAD
Industrial - FOR SALE
1/1
null | 7.7% Cap Rate

545 Main St W
Grimsby, ON L3M 1T7


OVERVIEW

Incredible opportunity to own a self storage facility in the growing area of Grimsby. 7.7 CAP. Almost 2 acres of land. 114 units comprised of 26climate controlled units and the rest drive up units and tons of parking spots. Property also includes a 3 bed, 2 bath bungalow with an in-law suite, creating the opportunity for the Buyer to live in the residence, rent out both spaces, or even potentially severing off the bungalow and keeping the self storage business. **** EXTRAS **** Climate controlled facility has an office and washroom. Old rustic barn beside climate controlled building that could be knocked down to create more parking or rebuilt to create more units.

FOR SALE DETAILS

PRICE

$3,290,000 CAD

PRICE/SF

$844 CAD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.93

LAND SF

84,071

ZONING

R1

APN/PARCEL ID

460420524

ASK ABOUT THIS PROPERTY

Christian TetiGrange Hall Realty Inc.More Info
416-588-6919

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Christian TetiGrange Hall Realty Inc.More Info
416-588-6919

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