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725 Gibralter St

26,000 SF 100% Leased Light Industrial Building Norfolk, ON N4B 3B3 £2,152,818 (£83/SF)

Executive Summary

Rare Opportunity to Purchase an existing large Institutional building in Delhi, ON. Formerly operated as a full service Retirement Residence. Existing building in approx. 26,000 SF over two levels & basement area. Currently, 53 resident rooms. All rooms have individual heat source & 3 piece bath. Located in Delhi, ON, which is in close proximity to several other major cities & municipalities: London, Woodstock, St. Thomas, Tillsonburg & just a short distance to Toronto, Brantford, Kitchener / Waterloo etc. The existing Institutionally zoned property allows for several different uses: Retirement Home, Long Term Care Facility, Church (Place of Worship), Training / Rehabilitation Centre, Community Centre. Building Purpose Built in 1989/1990. Site Area: Approx. 0.935 acres. Several recent upgrades to the building.
Full Commercial Kitchen, Gas Forced Air HVAC, Backup/standby Generator, Sprinklers, on demand hot water heater system, LED lighting.

Property Facts

Price £2,152,818
Price Per SF £83
Sale Type Investment
Property Type Light Industrial
Lot Size 0.93 AC
Rentable Building Area 26,000 SF
Number of Floors 2
Year Built 1989
Parking Ratio 0.62/1,000 SF

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

zoning

Zoning Code IC(H) & CSIC(H) (Community Institutional - The existing Institutionally zoned property allows for several different uses: Retirement Home, Long Term Care Facility, Chu)
IC(H) & CSIC(H) (Community Institutional - The existing Institutionally zoned property allows for several different uses: Retirement Home, Long Term Care Facility, Chu)
  • Listing ID: 32186494

  • Date on Market: 19/06/2024

  • Last Updated:

  • Address: 725 Gibralter St, Norfolk, ON N4B 3B3

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