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$2,099,900
Available - For Sale
Listing ID: X12450335
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 (LI-1) LIGHT INDUSTRIAL ZONING ENSURES THAT THIS PROPERTY REPRESENTS A COMPELLING INVESTMENT OPPORTUNITY FOR THOSE LOOKING TO EXPAND THEIR PORTFOLIO.
Price $2,099,900
Taxes: $28,502.73
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 866 Phillip Stre , Sarnia, N7T 1Z6, Lambton
Postal Code: N7T 1Z6
Province/State: Lambton
Legal Description: PT LT 9-10 PL 481 AS IN L531463; S/T L45
Directions/Cross Streets: PHILLIP ST / CONFEDERATION ST
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Multi-Unit
Building Percentage: T
Total Area: 16,000
Total Area Code:  Square Feet
Office/Appartment Area: 15
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Maintenance: 0
Sprinklers: No
Rail: N
Clear Height Feet: 16
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 6
Height Feet: 12
Width Feet: 10
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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RE/MAX METROPOLIS REALTY

866 Phillip Stre , Sarnia, N7T 1Z6, Lambton


 
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At a Glance:
Type: Com - Industrial
Area: Lambton
Municipality: Sarnia
Neighbourhood: Sarnia
Style:
Lot Size: x 257.40(Acres)
Approximate Age:
Tax: $28,502.73
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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