31 CLEARVIEW DRIVE

$1,699,000

Tillsonburg, Tillsonburg, Ontario

  • 2 baths
  • 4,000 square feet
Commercial · IndustrialType
Coil FanHeating
Fully air conditionedCooling
324Days on market
$425 / sqftPrice / sqft

About this property

Carefree Investment Offering Over $100,000 Triple Net Income “Per Year” (Approx. 6.0% CAP Rate) For The Next 3 Years Plus A 5 Year Option. Strong Tenant W/ Multiple Locations Secures A Piece Of Mind Investment Property To Start Or Add To Any Real Estate Portfolio. Building Totally Renovated In 2022 Including: 400 Amp / 600 Volt Upgraded Service, Fenced/ Gated Perimeter, Advanced Security System With Multiple Camaras Including Exterior Infrared Camaras, Epoxy Floors And PVC Walls & Ceilings Throughout Main Floor. 3200 Sq. Ft. Facility on Main Floor Plus 800 Sq. Ft. Mezzanine Offering; Office, Security Room, Lunch Room, IT Room, 2nd Washroom And Additional Storage. No Expense Was Spared Building This State Of The Art Health Canada Approved Facility. Situated On A 0.54 Acre Fully Serviced Reverse Pie Lot With A Frontage Of 180 Ft. And Depths Of 321 Ft & 216 Ft. Building Can Also Be Expanded To Cover 70% Of Lot Area As Per Zoning. (id:66327)

Property details

Interior

Bathrooms
2
Living area
4,000 square feet

Exterior & parking

Architectural style
[]
Lot size
180 x 321 FT ; Reverse Pie. 216 Ft Depth West Side

Building & HOA

Heating
Coil Fan
Cooling
Fully air conditioned

Financial & legal

List price
$1,699,000
Price / sqft
$425 / sqft
Annual taxes
$4,973
Status
Active
MLS® number
X12463369

Location

City
Tillsonburg
Neighbourhood
Tillsonburg
Province
Ontario
Postal code
N4G4H3
Directions
Cross Streets: Clearview Drive & Hwy 3. ** Directions: Hwy 3 West of Hwy 19.

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Listing data provided under the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed. REALTOR®, MLS® and associated logos are owned by The Canadian Real Estate Association (CREA).