866 Phillip Street Active Save Request In-Person Tour Request Virtual Tour
Sarnia,ON N7T 1Z6
Key Details
Property Type Commercial
Sub Type Industrial,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 16,000 sqft
Price per Sqft $131
MLS Listing ID 40777274
Abv Grd Liv Area 16,000
Annual Tax Amount $28,502
Property Sub-Type Industrial,Building and Land
Source Cornerstone
Lot Depth 257.4
Lot Front 38.9
Property Description
AN EXCEPTIONAL INVESTMENT OPPORTUNITY TO ACQUIRE A CLEAN & WELL MAINTAINED 16,000 SQ FT COMMERCIAL/ INDUSTRIAL PLAZA, SITUATED ON A SPACIOUS 0.8 ACRE LOT IN ONE OF SARNIA'S BUSY & PRIME INDUSTRIAL AREAS LOCATED OFF CONFEDERATION STREET. THE PLAZA CONTAINS 85% INDUSTRIAL WAREHOUSE WITH 15% OFFICE SPACE AND CEILING HEIGHT OF 16 FEET. ALL FULLY TENANTED OCCUPIED UNITS WITH EACH HAVING A GRADE LEVEL OVERHEAD BAY DOOR & SEPARATELY METERED. THE PLAZA CONSISTS OF LONG TERM TENANTS IN THE: COATINGS, ELECTRICAL, GAS & CONSTRUCTION SECTORS. RECENT UPGRADES INCLUDE: ALL NEW EXTERIOR SIDING & FASCIA, SEPARATED ELECTRICAL UNIT UPGRADES, LED LIGHTING, CONCRETE, WAREHOUSE HEATERS, INSTALLATION OF LIGHTING OUTDOOR PARKING LOT & SECURITY CAMERAS. CONVENIENT ON SITE PAVED PARKING LOT & NEARBY ACCESS TO THE CHEMICAL VALLEY & HWY. 402. WITH A FAVOURABLE (LI-1) LIGHT INDUSTRIAL ZONING ENSURES THAT THIS PROPERTY REPRESENTS A COMPELLING INVESTMENT OPPORTUNITY FOR THOSE LOOKING TO EXPAND THEIR PORTFOLIO.
Location
Province ON
County Lambton
Area Sarnia
Zoning LI-1
Direction PHILLIP ST / CONFEDERATION ST
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 38.9
Lot Depth 257.4
Garage No
Building
Lot Description Other
Faces PHILLIP ST / CONFEDERATION ST
Story 1
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 1
New Construction No
Others
Senior Community false
Tax ID 432260104
Ownership Freehold/None