Sale with " LONG TERM' LEASEBACK with an 8% Cap Rate. Excellent opportunity to acquire an owner-occupied industrial facility located on the outskirts of London east, in close proximity to Dorchester and with convenient access to major highways. This well maintained property sits on approximately 4 acres and offer a total building area of 49,550 sq. including 6,000 sq ft of office space.The building features 11 shipping doors, a sprinkler system and is situated within an established industrial area zoned M2 (Rural Industrial). Vendor is willing to lease back on market terms, making this an ideal opportunity for investors seeking stable industrial income. A rare offering combining scale, functionality and flexibility in a strong location just outside the city. Rental info and Financials will be available upon request. (id:13843)
| MLS # | X13057954 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 176 |
| Listing Provided By | SUTTON GROUP - SELECT REALTY INC. | ZIGGY BIDERMAN |
| Bath(s) | 6 Total |
|---|---|
| Zoning | M2 Rural Industrial Zone |
| Acreage | 4.00 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Sewer | Septic System |
|---|
| Tax Annual Amount | 41689 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Thames Centre |
| Postal Code | N0L1G4 |
| Listing VS Median (in N0L1G4) | |
Price: $5,250,000 low | high Med: $1,024,500 On site: 176 low | high Med: 194 | |
| Province | ON |
|---|---|
| City | Thames Centre |
| Postal Code | N0L1G4 |
| Listing VS Median (in N0L1G4) | |
Price: $5,250,000 low | high Med: $1,024,500 On site: 176 low | high Med: 194 | |