39
See all 39 photos
$2,950,000
Est. payment /mo
50,001 SqFt
Active
140 ELIZABETH ST Lambton Shores, ON N0M 2N0
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 50,001 sqft
Price per Sqft $58
Subdivision Thedford
MLS Listing ID X9348765
Annual Tax Amount $6,602
Tax Year 2023
Property Sub-Type Industrial
Lot Depth 559.0
Lot Front 544.0
Property Description
100% fully leased 50,000 sq warehouse/industrial property, with great triple net income! New 5-year NNN lease with international company. 8.3% cap rate on 5-year average net income! Carefree, hands off investment income. Property has been fully renovated with 3 warehouse buildings plus a new separate home office, all totaling 50,000 sq of leased space. Property sits on 5 acre lot with approx 4 acres of gravel storage yard. Ceiling heights from 17 feet 20 feet high. 12 new large overhead doors with auto openers. Drive-in and truck loading doors. New bright, high-bay LED lights throughout warehouse areas. 5 new gas furnaces. New 3 phase, 600-volt, 200 amp electrical. Excellent central location in heart of Southwestern Ontario, only 40 min to U.S. boarder at Sarnia. Halfway between London + Sarnia, 15 mins to hwy 402.
Location
Province ON
County Lambton
Community Thedford
Area Lambton
Rooms
Kitchen 0
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 544.0
Lot Depth 559.0
Building
New Construction false
Others
Security Features No
Virtual Tour https://vimeo.com/855588243?share=copy
Listed by STREETCITY REALTY INC.
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
GET MORE INFORMATION
Quick Search