This brand new light industrial opportunity is ideal for expanding your portfolio with this 4.09 acre site in Cobourg's, Lucas Point Industrial Park. This 40,000 sq ft (Phase 1) pre-finished metal industrial building has site plan approval and is construction ready pending permits. Current owner willing to lease back up to 15000 sq ft and provide a VTB up to 95% under certain terms and conditions for approved buyers. The site is pre-approved for additional 18,000 sq ft building (Phase 2), with the potential of up to 10 - 1800 sq ft units. Phase 1 construction will include much of the site prep for Phase 2 minimizing future buildout costs. Whether you are looking to accommodate your existing business or expand your real estate investment holdings, this property may be a great fit. Easy access to the 401. Projected Phase 1 completion is late 2024.
PT LT 10 CON B HAMILTON; PT RDAL BTN LTS 10 & 11 CON B HAMILTON PTS 1 & 2 39R11788, EXCEPT PT 5 39R14035 TOWN OF COBOURG
Occupancy
Owner
Possession Date
TBA
Directions/Cross Streets
King St E & Willlmott St
Neighbourhood
Cobourg
Area
Northumberland
Price History
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Detailed Information
Freestanding
Y
Lot
367 x 480 ft
Industrial Area
40,128 ft2
Total Area
40,128 ft2 divisible
Air Conditioning
Part
Garage Type
None
Heat Type
Gas Forced Air Open
Sprinklers
Y
Utilities
Y
Water
Municipal
Clear Height
16 feet
Drive-In Level Shipping Doors
1
Truck Level Shipping Doors
1
Rail
N
Lot/Bldg/Unit Code
Lot
Zoning
LM-1 Light Manufacturing
Seller Property Info Statement
N
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