Prime industrial multi-unit property for sale in the heart of Scarborough, ON. Conveniently located nearby public transportation and Highway #401, providing convenient logistics and quick access to the property. The 55,000 SF building sits on a 2.6 acre parcel of land, and is currently in the process of industrial condo conversion. The zoning is Employment Industrial, providing for a wide range of employment / industrial uses. Leased to 13 Tenants, generating over $760,000 NOI with WALT of 2 years. **** EXTRAS **** The property offers 13 demised units with individual city mailing addresses, HVAC system and upgraded with fiber optic lines. This property is zoned Employment Industrial, permitting a wide range of uses. (id:47423)
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Detailed Information
Lot
190 x 646 ft
Amenities Nearby
Highway
Listing Contract Date
2024-09-23
Location Description
Production Drive/Progress Avenue
Property Type
Industrial
Transaction Type
For sale
Zoning Description
Employment Industrial
Building
Heating Fuel
Natural gas
Heating Type
Other
Type
Multi-Tenant Industrial
Utility Water
Municipal water
Land
Total Size
190 x 646 FT
Amenities
Highway
Size of Irregular Land
190 x 646 FT
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