65 W Beaver Creek Rd - Warehouse FOR SALE


Richmond Hill, ON L4B 1K4
$17,500,000 CAD
647-931-8324
65 W Beaver Creek Rd, Richmond Hill, ON for Sale
$17,500,000 CAD
Warehouse - FOR SALE
1/9
null | Request Cap Rate

65 W Beaver Creek Rd
Richmond Hill, ON L4B 1K4


HIGHLIGHTS

  • Most of parking lot redone approximately 2016
  • 45% Office, 55% industrial
  • Roof redone approximately 2013
  • Easy access to 407/404

OVERVIEW

Fantastic opportunity to acquire ownership of this thriving multi-unit industrial building in Beaver Creek. Boasting a fully leased status, this property has been meticulously maintained by its original owner. Currently, it hosts a diverse community of 11 tenants across 12 units, ensuring a steady income stream. Key features include a recently redone roof in 2013, along with significant upgrades to the parking lot around 2016, enhancing both durability and aesthetics. Heating systems are varied, comprising radiant heating, gas-fired units, and rooftop units, providing flexibility and efficiency. Do not go direct. LA to be present for all showings. Do not disturb tenants. Seller will consider 50% VTB to qualified Buyer. Contact LA for info package. Must sign CA. With a generous gross leasable area of 43,736 square feet, as per MPAC, including some mezzanine space, this property offers ample room for tenants to conduct their business operations comfortably. Don't miss out on this exceptional investment opportunity in Beaver Creek's industrial landscape.

FOR SALE DETAILS

PRICE

$17,500,000 CAD

PRICE/SF

$400 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

2

YEAR BUILT

1990

UTILITIES

Water - City, Sewer - City, Heating - Electric

CLEAR CEILING HT

16 Ft

DOCKS

3

DRIVE INS

3

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.03

LAND SF

88,427

ZONING

M1

APN/PARCEL ID

193805004160738

ASK ABOUT THIS PROPERTY

John ProcenkoCentury 21More Info
647-931-8324

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John ProcenkoCentury 21More Info
647-931-8324

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