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$2,600,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East I
MLS Listing ID X12442406
Annual Tax Amount $18,721
Tax Year 2025
Property Sub-Type Investment
Lot Depth 530.12
Lot Front 129.0
Property Description
421 Industrial offers an exceptional opportunity to acquire a clean and well-maintained industrial building, encompassing 11,566 square feet, situated on a spacious 1.57-acre lot. This property features a secure enclosed compound. This investment offers the unique advantage of a leaseback arrangement from the current owner. The building contains 85% industrial with 15% office and ceiling height of 18 feet. The facility is also equipped with four grade-level drive-in doors. Strategically located just east of Veterans Memorial Parkway, the property enjoys convenient access to the London International Airport and nearby 401 & 402 highways. Recent upgrades include a newer roof, electrical updates, and a completed Environmental Report, providing peace of mind for potential investors. The prime location, well-designed layout, and favorable zoning ensure that this property represents a compelling investment opportunity for those looking to expand their portfolio.
Location
Province ON
County Middlesex
Community East I
Area Middlesex
Zoning General Industrial GI
Interior
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 129.0
Lot Depth 530.12
Others
Security Features No
ParcelsYN No
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Listed by RE/MAX ADVANTAGE REALTY LTD.
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