866 Phillip Street
Sarnia, ON N7T 1Z6
About This Property
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 (IL-1) LIGHT INDUSTRIAL ZONING ENSURES THAT THIS PROPERTY REPRESENTS A COMPELLING INVESTMENT OPPORTUNITY FOR THOSE LOOKING TO EXPAND THEIR PORTFOLIO.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12740686
Listed by RE/MAX METROPOLIS REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$9,766
/month · $1,599,920 mortgage
Amortization
Total Interest
$1,329,813
Total Cost
$2,929,733
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX METROPOLIS REALTY