ON > Sarnia > Sarnia
Sarnia, ON N7T 1Z6,866 Phillip ST
Sarnia, ON N7T 1Z6,866 Phillip ST
Sarnia, ON N7T 1Z6,866 Phillip ST
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,099,900
Est. payment /mo
16,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 16,000 sqft

Price per Sqft $131

Subdivision Sarnia

MLS Listing ID X12450335

Annual Tax Amount $28,502

Tax Year 2025

Property Sub-Type Industrial

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

Community Sarnia

Area Lambton

Zoning LI-1

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 38.9

Lot Depth 257.4

Others

Security Features No

ParcelsYN No

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Listed by RE/MAX METROPOLIS REALTY

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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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