ON > Sarnia
Sarnia, ON N7T 1Z6,866 Phillip Street
Sarnia, ON N7T 1Z6,866 Phillip Street
Sarnia, ON N7T 1Z6,866 Phillip Street
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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,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

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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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