260 Centre St 50,829 SF Industrial Building Petrolia, ON N0N 1R0 £1,688,221 (£33.21/SF)

INVESTMENT HIGHLIGHTS

  • Large flat cleared fenced site, excellent laydown - exterior storage permitted
  • Building in good shape
  • Three entrances to the property enabling great truck traffic circulation and

EXECUTIVE SUMMARY

The building is 50,829 square feet located on 14.4 acres in an industrial park area in Petrolia with frontage on Centre Street and Discovery Line. Ideally located close to international Highways and great visibility on corner lot. Petrolia/Lambton County has large industrial base of businesses and workforce. M1 zoning allows for many industrial and commercial uses. The exterior walls were recladded, insulated and a new steel roof was installed approximately 10years ago. Lease for solar panels under contract with a third-party providing income to the owner. There are five ground level loading bays. Plenty of room for parking large equipment, laydown areas, and easy turn around space. There is some variation in ceiling height from 12 ft to 20 ft. The building is masonry construction. There are five offices. Property for lease or for sale. Lease price is $5.00 plus $2.50 operating. Seller open to some vendor take back financing.

PROPERTY FACTS

Price £1,688,221
Price Per SF £33.21
Sale Type Investment or Owner User
Sale Condition Excess Land
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 14.40 AC
Rentable Building Area 50,829 SF
Number of Floors 1
Year Built 1957
Tenancy Single
Clear Ceiling Height 20 ft
Level Access Doors 5
Zoning M1 - General Industrial (M1) Wide range of uses including light industrial, research and development, warehousing, truck transport terminal, lumber yard,

AMENITIES

  • Fenced Plot
  • Security System
  • Air Conditioning
  • Fiber Optic Internet

UTILITIES

  • Gas
  • Water
  • Sewer
  • Heating - Gas
  • Listing ID: 33924791

  • Date on Market: 19/11/2024

  • Last Updated:

  • Address: 260 Centre St, Petrolia, ON N0N 1R0