Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$699,000
Available - For Sale
Listing ID: X13737922
136 Purdy Road , Cramahe, K0K 1S0, Northumberland
| An outstanding investment opportunity with excellent Highway 401 access and visibility in Colborne. This established storage facility features 31 storage units in a range of sizes, including units within the main building and Sea-Can storage units, along with additional commercial and outdoor storage space.With a projected cap rate of approximately 8.5%, the property offers an attractive opportunity for an investor, storage operator, contractor or business owner seeking operational space combined with income potential.The property is zoned General Industrial-1 (MG-1), allowing for a broad range of uses, including warehousing, outside storage, equipment sales, rental and repair, contractor or tradesperson yard and shop facilities, manufacturing, processing, assembly or fabricating, service shops, building supply operations, transportation-related uses and other permitted industrial uses. Buyers are encouraged to complete their own due diligence regarding zoning and their intended use.The current vacancy rate is higher than normal, see attached disclosure. The present vacancy should therefore not be considered representative of the property's historical or stabilized occupancy.With multiple units immediately available, a new owner has the opportunity to actively lease the vacant space, establish their own rental structure and grow revenue. Its accessible location near Highway 401 makes this a versatile income-producing property with excellent potential for both investment and business use. |
| Price | $699,000 |
| Taxes: | $4294.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 136 Purdy Road , Cramahe, K0K 1S0, Northumberland |
| Postal Code: | K0K 1S0 |
| Province/State: | Northumberland |
| Legal Description: | Part Lot 32, Con 3 Cramahe being Part 4 |
| Directions/Cross Streets: | County Rd 25 & Purdy Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Free Standing |
| Building Percentage: | T |
| Total Area: | 25000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 600 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Major Highway |
| Business/Building Name: | The Kim & Sam Storage |
| Financial Statement: | F |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | T |
| Rail: | N |
| Clear Height Feet: | 8 |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Septic |
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| ROYAL HERITAGE REALTY LTD. |
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Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Northumberland |
| Municipality: | Cramahe |
| Neighbourhood: | Rural Cramahe |
| Tax: | $4,294 |
| Fireplace: | N |
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