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425 Enfield Rd

10,021 SF 100% Leased Industrial Building Burlington, ON L7T 2X5 £2,636,732 (£263/SF)

Executive Summary

Introducing an exceptional opportunity to own and occupy a remarkable 1.27-acre site in Burlington, Ontario. This unique offering consists of three distinct standalone Service Commercial buildings. Building A 2,959 sq. ft., Building B 3,627 sq.ft, and Building C stands tall with an impressive 9,865 sq. ft. All tenants are on month-to-month leases. However, there is tremendous potential for new term leases, as all tenants have expressed their willingness to consider staying at market rates, subject to mutually agreeable terms and conditions. Each building comes equipped with a separately metered hydro service, ensuring efficient power supply. This property is ideally suited for a company requiring ample outside parking/storage space, whether for separated operations on a single property or for an owner-user seeking future expansion. Moreover, the property's versatility extends even further, as it can potentially be converted into a condominium in the future. Notable features of this property include automatic lawn irrigation and extensive blacktop coverage that is shared by the three buildings. Adding an extra layer of security, the entrance to the property is gated, providing peace of mind. Building A 200amp/240/ V. Building B 200 amp/240v, Building C 200amp/600v The GE2 Zoning designation allows for a wide range of uses for this property, making it an incredibly versatile investment opportunity for businesses of various types and industries.

Property Facts

Price £2,636,732
Price Per SF £263
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Rentable Building Area 10,021 SF
Number of Floors 1
Year Built 1990
Parking Ratio 1.08/1,000 SF
Level Access Doors 1

Amenities

  • Signage

zoning

Zoning Code GE-2
GE-2
  • Listing ID: 31028088

  • Date on Market: 23/02/2024

  • Last Updated:

  • Address: 425 Enfield Rd, Burlington, ON L7T 2X5

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